🔹 EPS: $3.84 (Est. $3.36) 🟢; UP +12% YoY
🔹 Revenue: $766M (Est. $715.45M) 🟢; UP +11% YoY
Segment Highlights:
🔹 Software Revenue: $209M; UP +22% YoY
🔹 Systems Revenue: $160M; UP +18% YoY
🔹 Global Services Revenue: $398M; UP +3% YoY
Margins and Profitability:
🔹 Non-GAAP Gross Margin: 83.9% (Prev. 83.1%)
🔹 Non-GAAP Operating Margin: 37.4% (Prev. 35.5%)
🔹 Non-GAAP Net Income: $227M; UP +11% YoY
Guidance:
🔹 Q2 Revenue: $705M-$725M (Est. $703.6M) 🟢
🔹 Q2 EPS: $3.02-$3.14 (Est. $3.22) 🔴
🔹 FY25 Revenue Growth: Raised to 6%-7% (Prev. 4%-5%)
🔹 FY25 EPS Growth: Raised to 6.5%-8.5% (Prev. 5%-7%)
Strategic Updates:
🔸 Strong growth driven by hybrid multicloud adoption and AI-driven opportunities.
🔸 CEO François Locoh-Donou highlighted F5’s ability to simplify complex hybrid environments and securely support AI applications.
CEO Commentary:
🔸 “F5’s alignment with hybrid multicloud trends and strong execution led to record results, positioning us as a crucial partner for AI and enterprise data initiatives.”