- F5 Inc’s forecast for 4Q adjusted EPS is between $3.38 and $3.50, beating the estimate of $3.35.
- The company expects revenue between $720 million and $740 million, surpassing the estimate of $715.2 million.
- Third Quarter Results:
- Net revenue: $695.5 million, a 1% decline year-over-year, but exceeds the estimate of $685.8 million.
- Net service revenue: $387.0 million, increasing by 3.3% year-over-year and beating the estimate of $384.7 million.
- Net product revenue: $308.5 million, a 6% decrease year-over-year, but higher than the estimate of $301.6 million.
- Adjusted EPS: $3.36, up from $3.21 year-over-year and beating the estimate of $2.98.
- Adjusted net income: $199 million, a 2.8% increase year-over-year and surpassing the estimate of $177.3 million.
- Shares of F5 Inc rose by 7% in post-market trading, reaching $190.00 with 8,139 shares traded.
- Analyst recommendations are: 1 buy, 11 holds, and 2 sells.
F5 Networks Inc on Smartkarma
Analyst coverage of F5 Networks Inc on Smartkarma has been positive, with reports from Baptista Research highlighting key aspects of the company’s performance. In the report “F5 Inc.: A Tale Of Software Growth Momentum & Accelerating AI Implementation! – Major Drivers,” it is noted that F5 delivered a solid Q2 despite the uncertain global macroeconomic climate, with revenue meeting expectations.
Another report by Baptista Research titled “F5 Networks Inc.: Could The Impact and Potential of AI Change Its Story? – Major Drivers” highlighted F5’s strong Q1 performance, exceeding revenue guidance and achieving impressive non-GAAP operating margins and EPS growth. However, concerns were raised with a decline in Q1 software revenue year-over-year, indicating areas for potential improvement in the future.
A look at F5 Networks Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, F5 Networks Inc. is positioned for a positive long-term outlook. With solid scores in Growth and Resilience, the company shows potential for expansion and the ability to weather market challenges. F5 Networks Inc. specializes in providing integrated Internet traffic management solutions, enhancing the performance of critical Internet-based servers and applications.
Although F5 Networks Inc. has lower scores in Dividend and Momentum, its strengths in Value, Growth, and Resilience indicate a promising future. The company’s software-based solutions efficiently manage Internet traffic and content, catering to the needs of service providers and e-businesses. Overall, F5 Networks Inc. appears well-positioned for growth and sustainability in the evolving tech industry landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
