F5, Inc. Q4 Profit Decreases, but beats estimates

F5, Inc. (FFIV) revealed earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.

The company's bottom line came in at $89.35 million, or $1.49 per share. This compares with $110.72 million, or $1.80 per share, in last year's fourth quarter.

Excluding items, F5, Inc. reported adjusted earnings of $157.65 million or $2.62 per share for the period.

Analysts on average had expected the company to earn $2.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.6% to $700.03 million from $682.00 million last year.

F5, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $89.35 Mln. vs. $110.72 Mln. last year.
-EPS (Q4): $1.49 vs. $1.80 last year.
-Analyst Estimates: $2.52
-Revenue (Q4): $700.03 Mln vs. $682.00 Mln last year.

Next quarter EPS guidance: $2.25 - $2.37
Next quarter revenue guidance: $690 - $710 Mln

For comments and feedback contact: editorial@rttnews.com

Follow RTT