earnings
confidence high
sentiment positive
materiality 0.70
F5 Q3 FY24 revenue $695M at top of guidance; raises FY EPS growth to ~12%
F5, INC.
2024-Q3 EPS reported
$6.75
revenue$2,069,446,000
- GAAP EPS $2.44 vs $1.48 YoY; non-GAAP EPS $3.36 vs $3.21 YoY.
- Software revenue $179M (+3% YoY); systems revenue $130M (-16% YoY).
- Q4 FY24 revenue guidance $720M-$740M; non-GAAP EPS $3.38-$3.50.
- FY2024 revenue expected ~$2.8B, roughly flat YoY; non-GAAP EPS growth ~12%.
- GAAP operating margin improved to 23.4% from 14.7% YoY.