F5 Networks Inc. (FFIV) reported that its second-quarter GAAP net income was $63.4 million or $0.80 per share, down from $68.6 million or $0.86 per share in the same quarter a year ago.
Excluding the impact of stock-based compensation and amortization of purchased intangible assets, non-GAAP net income was $84.7 million or $1.07 per share, compared to $87.1 million or $1.09 per share in the second quarter of last year. Analysts polled by Thomson Reuters expected the company to report earnings of $1.07 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter was $350.2 million, down 2 percent from $365.5 million in the year ago quarter. Thirty six analysts had consensus revenue estimate of $351.77 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.