NasdaqGS:FFIVCommunications
F5 (FFIV) Stock Slips Despite Strong Margins And Higher Guidance
F5 stock slipped about 1% today to around US$403, even as the company reported one of its cleanest quarters in years. Revenue landed at US$865.1m and non Generally Accepted Accounting Principles earnings per share hit US$4.73, both comfortably above the company’s own guidance.
The heart of this earnings story is profit power. Net income for the quarter came in at US$208.2m and trailing net margin sits near 22%. With management lifting full year revenue and earnings targets, today’s modest...