Key Takeaways
- F5 beat profit and sales estimates and boosted its outlook as the cloud-services provider benefited from increased demand.
- CEO François Locoh-Donou pointed to the firm's "alignment with significant secular trends" and more stable spending on IT for the gains.
- The news sent shares to an all-time high.
Shares of F5 (FFIV) traded at an all-time high Wednesday, a day after the cloud-solutions provider posted record results and strong guidance on increasing market demand.
The company reported fiscal 2025 first-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $3.84, with revenue climbing nearly 11% year-𒆙over-year to $766 million. Analysts surveyed by 🍎Visible Alpha were anticipating $3.37 and $715.3 million, respectively.
Software revenue jumped 22% to $209 million, systems൲ revenue added 18% to $160 million, and revenue fಌrom global services was 3% higher to $398 million.
CEO Touts 'Strong Execution' for Results
CEO François Locoh-Donou said the performance came about because of F5's "alignment with significant secular trends, a more stable IT spending environment, and our strong execution."
The🃏 comp✤any expects full-year adjusted EPS increasing 6.5% to 8.5%, up from its previous estimate of 5% to 7% growth. It sees revenue growth of 6% to 7%, compared with the earlier forecast of a 4% to 5% rise.
F5 shares rose nearly 8% in recent trading to about $291 after earlier hitting an all-time high of $308. They have added more than 55% of their value over the last year.
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