secwatch.observer — SEC 8-K summary
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Issuer:     F5, INC. (FFIV)
CIK:        0001048695
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001048695-24-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

F5 Q2 revenue $681M (-3% YoY), non-GAAP EPS $2.91 beats; raises FY24 EPS outlook
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- Software revenue $159M (+20% YoY, driven by +28% subscription growth); systems revenue $142M (-32% YoY).
- GAAP EPS $2.00 (up from $1.34); non-GAAP EPS $2.91 (up from $2.53); operating margin expanded to 20.5% GAAP, 30.9% non-GAAP.
- Q3 FY2024 guidance: revenue $675M-$695M, non-GAAP EPS $2.89-$3.01 per diluted share.
- FY2024 revenue outlook unchanged (flat to -2% YoY); raised FY2024 non-GAAP EPS growth outlook to 7%-9% from prior 6%-8%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048695/000104869524000060/0001048695-24-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048695/000104869524000060/ffiv-20240429.htm
  HTML page:      https://secwatch.observer/filing/0001048695-24-000060

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