Reported 1 day ago
F5, a cloud-solutions provider, saw its stock soar to an all-time high after reporting record financial results for Q1 of fiscal 2025, with adjusted earnings per share of $3.84 and revenue growth of nearly 11% year-over-year. CEO François Locoh-Donou attributed the success to aligning with key market trends and stable IT spending. The company also revised its growth outlook upward, expecting adjusted EPS growth of 6.5% to 8.5% and revenue growth of 6% to 7%. Shares rose nearly 8% during trading, reflecting a year-to-date increase of over 55%.
Source: YAHOO