From Investing.com: 2024-04-28 08:00:51

Network application delivery and security specialist F5 (NASDAQ:FFIV) is set to report earnings tomorrow. Last quarter, F5 surpassed revenue expectations by 1.1%, reaching $692.6 million. Analysts predict a 2.7% revenue decline this quarter to $684.3 million, alongside an anticipated adjusted earnings of $2.87 per share. Analysts are generally optimistic, with a majority reconfirming their estimates. The software development sector, including F5, has seen a recent downturn, but F5 remains relatively stable with an average analyst price target of $194.



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