earnings
confidence high
sentiment positive
materiality 0.75
F5 Networks Q4 revenue $682M (+11% YoY), EPS $1.80 GAAP, $3.01 non-GAAP; guides Q1 above consensus
F5, INC.
2021-FY EPS reported
$5.34
revenue$2,603,416,000
- Q4 GAAP revenue $682M (+11% YoY); GAAP diluted EPS $1.80 vs $1.26; non-GAAP EPS $3.01 vs $2.43.
- FY2021 full-year GAAP revenue $2.60B (+11% YoY); GAAP EPS $5.34, non-GAAP EPS $10.81.
- Software revenue 45% of product revenue in Q4, with 80% of software from subscriptions; total product rev +21% YoY.
- Q1 FY2022 guidance: revenue $665M-$685M, non-GAAP EPS $2.71-$2.83.
- FY2022 outlook: revenue growth 8-9%, software revenue growth 35-40%.