F5 Networks’ Light Guidance, Sales Miss Hit Stock

By | October 29, 2015

Scalper1 News

F5 Networks (FFIV) plunged early Thursday after the company’s fiscal Q4 revenue missed expectations and it disappointed with its current-quarter guidance. Late Wednesday, Seattle-based F5 Networks said September-quarter EPS rose 17% to $1.84 per share, with revenue growing 8% to $501 million. Analysts polled by Thomson Reuters had modeled profit of $1.74 per share and $506.5 million in revenue. The maker of data center gear said it expects fiscal Scalper1 News

Scalper1 News