F5 Networks Misses on Q1 Expectations but Beats on Guidance

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.

Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2212068, ~/Articles/ArticleHandler.aspx, 9/30/2016 6:25:12 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:00 PM
FFIV $124.64 Up +1.24 +1.00%
F5 Networks CAPS Rating: ****