F5, Inc. Q4 Profit Increases, beats estimates

(RTTNews) - F5, Inc. (FFIV) released earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $152.13 million, or $2.55 per share. This compares with $89.35 million, or $1.49 per share, in last year's fourth quarter.

Excluding items, F5, Inc. reported adjusted earnings of $208.77 million or $3.50 per share for the period.

Analysts on average had expected the company to earn $3.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.0% to $706.97 million from $700.03 million last year.

F5, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $152.13 Mln. vs. $89.35 Mln. last year. -EPS (Q4): $2.55 vs. $1.49 last year. -Analyst Estimate: $3.21 -Revenue (Q4): $706.97 Mln vs. $700.03 Mln last year.

-Guidance: Next quarter EPS guidance: $2.97 - $3.09 Next quarter revenue guidance: $675 - $695 Mln