BUZZ-F5 rises after lifting annual outlook

Reuters05:27
BUZZ-F5 rises after lifting annual outlook

** Shares of cybersecurity firm F5 FFIV.O up ~12% at $303.33 after the bell

** F5 raises annual revenue growth forecast to a range of 5% to 6%, up from flat to 4% previously

** Expects annual adjusted EPS in a range of $15.65 to $16.05, up from $14.50 to $15.50 previously

** Posts Q1 revenue of $822 million, compared to analysts' estimates of $758.1 million — data compiled by LSEG

** Says revenue growth of 7% was driven by 11% product revenue growth, including 37% growth in systems revenue

** Q1 adjusted EPS of $4.45 beats estimates of $3.65

** Stock up 1.51% in 2025

(Reporting by Koyena Das in Bengaluru)

((koyena.das@thomsonreuters.com))

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