F5 Networks Q2 Profit Rises - Quick Facts

(RTTNews) - F5 Networks, Inc. (FFIV) reported second-quarter net income of $85.7 million or $1.18 per share, compared to $69.6 million or $0.91 per share, prior year. Adjusted earnings per share was $1.59, for the quarter.

On average, 36 analysts polled by Thomson Reuters expected the company to report profit per share of $1.50 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $472.14 million from $420.04 million last year. Analysts expected revenue of $471.14 million for the quarter.

For the quarter ending June 30, 2015, the company has set a revenue goal of $475 million to $485 million with a GAAP earnings target of $1.16 to $1.19 per share and a non-GAAP earnings target of $1.57 to $1.60 per share. Analysts expect the company to report third-quarter earnings per share of $1.59 on revenue of $489.42 million.