F5 Networks Inc. Reveals 1% Gain In Q3 Profit

(RTTNews) - F5 Networks Inc. (FFIV) reported a profit for its third quarter that increased from last year.

The company said its bottom line rose to $121.70 million, or $1.81 per share. This was higher than $120.19 million, or $1.67 per share, in last year's third quarter.

Analysts had expected the company to earn $1.79 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.7% to $496.52 million. This was up from $483.59 million last year.

F5 Networks Inc. earnings at a glance:

-Earnings (Q3): $121.70 Mln. vs. $120.19 Mln. last year. -Earnings Growth (Y-o-Y): 1.3% -EPS (Q3): $1.81 vs. $1.67 last year. -EPS Growth (Y-o-Y): 8.4% -Analysts Estimate: $1.79 -Revenue (Q3): $496.52 Mln vs. $483.59 Mln last year. -Revenue Change (Y-o-Y): 2.7%

-Guidance: Next quarter EPS guidance: $1.92 - $1.95 Next quarter revenue guidance: $515 - $525 Mln