F5 Inc's stock surged 9.50% during extended trading on Tuesday, following the release of its quarterly financial results.
The cybersecurity and application delivery firm reported fiscal first-quarter revenue of $822.5 million, a 7% year-over-year increase that significantly exceeded analyst expectations. Adjusted earnings per share came in at $4.45, beating the consensus estimate. The strong performance was driven by an 11% growth in product revenue, which included a notable 37% surge in systems revenue.
Furthermore, F5 raised its full-year fiscal 2026 outlook, signaling renewed customer confidence. The company now expects revenue growth between 5% and 6%, up from its previous projection. Adjusted earnings per share guidance was also increased. The company attributed the positive momentum to resilient demand for application security and enterprise adoption of hybrid multicloud architectures.
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