F5 Q4 2020 Earnings Report
Key Takeaways
F5's Q4 2020 revenue grew by 4% year-over-year to $615 million. The company's GAAP EPS was $1.26, while non-GAAP EPS was $2.43. F5 is transitioning into a software-led business, with growth driven by customer demand for multi-cloud application security and delivery services.
F5 is becoming a software-led business.
Customer demand for multi-cloud application security and delivery services is growing.
Software growth is expected to continue from a diversified base of subscription and SaaS revenue.
F5 is focused on solving customers’ most pressing application challenges.
F5
F5
F5 Revenue by Segment
Forward Guidance
For the first quarter of fiscal year 2021 ending December 31, 2020, F5 expects to deliver revenue in the range of $595 million to $615 million with non-GAAP earnings in the range of $2.26 to $2.38 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income