F5 Networks Inc. Earnings Rise 11% In Q2

(RTTNews) - F5 Networks Inc. (FFIV) revealed a profit for its second quarter that rose from last year.

The company said its bottom line climbed to $127.01 million, or $1.95 per share. This was up from $114.01 million, or $1.68 per share, in last year's second quarter.

Analysts had expected the company to earn $1.97 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.1% to $518.25 million. This was up from $483.68 million last year.

F5 Networks Inc. earnings at a glance:

-Earnings (Q2): $127.01 Mln. vs. $114.01 Mln. last year. -Earnings Growth (Y-o-Y): 11.4% -EPS (Q2): $1.95 vs. $1.68 last year. -EPS Growth (Y-o-Y): 16.1% -Analysts Estimate: $1.97 -Revenue (Q2): $518.25 Mln vs. $483.68 Mln last year. -Revenue Change (Y-o-Y): 7.1%

-Guidance: Next quarter EPS guidance: $2.01 to $2.04 Next quarter revenue guidance: $520 - $530 Mln