F5 Networks (Nasdaq: FFIV ) reported earnings on Jan. 23. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q1), F5 Networks met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share grew.
Gross margins grew, operating margins dropped, net margins dropped.
F5 Networks logged revenue of $365.5 million. The 36 analysts polled by S&P Capital IQ anticipated a top line of $366.7 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $322.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.14. The 37 earnings estimates compiled by S&P Capital IQ forecast $1.15 per share. GAAP EPS of $0.88 for Q1 were 6.0% higher than the prior-year quarter's $0.83 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 83.3%, 50 basis points better than the prior-year quarter. Operating margin was 29.8%, 110 basis points worse than the prior-year quarter. Net margin was 19.0%, 160 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $379.5 million. On the bottom line, the average EPS estimate is $1.20.
Next year's average estimate for revenue is $1.57 billion. The average EPS estimate is $5.00.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 703 members out of 764 rating the stock outperform, and 61 members rating it underperform. Among 225 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 207 give F5 Networks a green thumbs-up, and 18 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on F5 Networks is outperform, with an average price target of $108.93.
Internet software and services are being consumed in radically different ways, on increasingly mobile devices. Does F5 Networks fit in anymore? Check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add F5 Networks to My Watchlist.