earnings
confidence high
sentiment positive
materiality 0.75
F5 Q3 revenue $703M (+4% YoY); non-GAAP EPS $3.21 beats guidance
F5, INC.
2023-Q3 EPS reported
$4.02
revenue$2,106,195,000
- Revenue $703M (+4% YoY); GAAP EPS $1.48, non-GAAP EPS $3.21 (both up YoY).
- Non-GAAP operating margin expanded to 33.2% from 28.8% YoY.
- Global services revenue +8%; product revenue +1% (systems +5%, software -3%).
- Q4 guidance: revenue $690-710M, non-GAAP EPS $3.15-3.27.
- CEO cites early demand stabilization but macroeconomic uncertainty.