Don't let it get away!
Keep track of the stocks that matter to you.
Help yourself with the Fool's FREE and easy new watchlist service today.
In its fiscal Q1 2013 results, F5 Networks (NASDAQ: FFIV ) announced revenue of $366 million and posted non-GAAP net income of $91 million ($1.14 per diluted share) during the quarter. Those figures were 13% and 10% higher, respectively, on a year-over-year basis.
Analysts were predicting $367 million in revenue and an EPS of $1.15.
The company's earnings guidance for the current quarter exceeded expectations, however. It set a goal for revenue to come in at $370 million to $380 million and for an EPS of $1.21 to $1.24. The market had anticipated nearly $380 million and $1.20, respectively.
F5 Networks added that it brought on 95 new employees during Q1 and generated $145 million in cash from operations.