F5, Inc. (NASDAQ:FFIV) reported better-than-expected third-quarter financial results and raised its FY24 earnings guidance above estimates on Monday.
F5 reported quarterly earnings of $3.36 per share, which beat the analyst consensus estimate of $2.97 per share. Quarterly sales came in at $695.495 million, which beat the analyst consensus estimate of $686.062 million, according to data from Benzinga Pro.
“We delivered third-quarter revenue at the top end of our guidance range fueled by software growth and continued growth of our global services offerings,” said François Locoh-Donou, F5’s president and CEO. “In addition, our continued operating discipline enabled us to deliver earnings per share well above the high …