secwatch.observer — SEC 8-K summary
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Issuer:     F5, INC. (FFIV)
CIK:        0001048695
Form:       8-K
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0001048695-23-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

F5 Q1 rev $700M (+2% YoY), GAAP EPS $1.20, Non-GAAP $2.47; guides Q2; acquires Lilac Cloud
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- Revenue $700M (+2% YoY); GAAP net income $72M ($1.20 EPS), down from $94M ($1.51).
- Non-GAAP net income $149M ($2.47 EPS), down from $179M ($2.89).
- Global services revenue +5% YoY; product revenue -1% (software +3%, systems -4%).
- Q2 FY23 guidance: revenue $690-710M, non-GAAP EPS $2.36-2.48; FY23 growth reaffirmed 9-11%.
- Signed acquisition of Lilac Cloud (CDN tech); terms undisclosed; expected close Q2 FY23.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048695/000104869523000007/0001048695-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048695/000104869523000007/ffiv-20230124.htm
  HTML page:      https://secwatch.observer/filing/0001048695-23-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer