Reported 3 months ago
F5, a cybersecurity and cloud services firm, reported expectations for fourth-quarter revenue and profit surpassing Wall Street estimates, with projected earnings between $720 million and $740 million, and earnings per share of $3.38 to $3.50. The company attributes growth to increased demand from businesses enhancing digital operations and heightened cybersecurity investments due to rising online threats, leading to a more than 13% increase in its stock price.
Source: YAHOO