•
Jun 30, 2020
F5 Q3 2020 Earnings Report
Delivered 4% revenue growth on continued strong software demand.
Key Takeaways
F5 Networks reported a 4% increase in GAAP and non-GAAP revenue, driven by strong software demand, with a 43% growth in non-GAAP software revenue. GAAP EPS was $1.14, and non-GAAP EPS was $2.18.
GAAP revenue of $583 million, a 4% increase year-over-year.
Non-GAAP revenue of $586 million, a 4% increase year-over-year.
GAAP net income of $70 million, or $1.14 per diluted share.
Non-GAAP net income of $134 million, or $2.18 per diluted share.
F5
F5
F5 Revenue by Segment
Forward Guidance
For the fourth quarter of fiscal year 2020, F5 expects to deliver both GAAP and non-GAAP revenue in the range of $595 million to $615 million with non-GAAP earnings in the range of $2.30 to $2.42 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income