F5 Networks Inc. (FFIV) reported second quarter adjusted EPS of $1.07 after the close Wednesday, down from $1.09 a year ago. The consensus estimate was for EPS of $1.07. Third quarter adjusted EPS is expected to be between $1.06 and $1.09. The consensus estimate is for EPS of $1.12.
F5 Networks gapped up sharply Thursday and has continued to gain ground in early trade. The stock is now up 8 points at $80.35 and has broken out to a 3-week high.
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