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Mar 31, 2020
F5 Q2 2020 Earnings Report
F5's revenue increased driven by software growth and the company reported GAAP EPS of $1.00 and non-GAAP EPS of $2.23.
Key Takeaways
F5 Networks reported a 7% increase in GAAP revenue for the second quarter of fiscal year 2020, reaching $583.4 million. The company's non-GAAP revenue was $585.6 million, with a significant 96% growth in software revenue. GAAP net income was $61.4 million, or $1.00 per diluted share, while non-GAAP net income was $135.9 million, or $2.23 per diluted share.
GAAP revenue increased by 7% year-over-year, reaching $583.4 million.
Non-GAAP revenue also increased by 7% year-over-year, totaling $585.6 million.
Software revenue grew by 96% compared to the previous year.
GAAP net income was $61.4 million, or $1.00 per diluted share.
Revenue by Segment
Forward Guidance
For the third quarter of fiscal year 2020, F5 expects to deliver both GAAP and non-GAAP revenue in the range of $555 million to $585 million with non-GAAP earnings in the range of $1.91 to $2.13 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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