F5 Q2 2024 Adj EPS $2.91 Beats $2.87 Estimate, Sales $681.000M Miss $685.361M Estimate
Portfolio Pulse from Benzinga Newsdesk
F5 (NASDAQ:FFIV) reported Q2 2024 earnings of $2.91 per share, surpassing the $2.87 estimate. However, their sales of $681M fell short of the $685.361M forecast, marking a 3.15% decrease from the previous year.
April 29, 2024 | 8:06 pm
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F5's Q2 2024 earnings exceeded expectations at $2.91 per share, but sales missed estimates at $681M, a 3.15% decrease from last year.
While F5's earnings per share exceeded analyst expectations, the slight miss in sales and the year-over-year decrease could temper investor enthusiasm. The mixed results present a neutral outlook, as the earnings beat may offset concerns about the sales miss and year-over-year decline.
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