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F5, Inc. (FFIV) topped expectations in its fourth quarter fiscal earnings report, delivering strong results on both revenue and profit. The company reported revenue of $746.67 million, surpassing the estimated $730.39 million, while adjusted earnings per share reached $3.67, beating analyst projections of $3.45. Market Domination spoke to F5 CEO Francois Locoh-Donou about these numbers.
"It was a record quarter, both for the quarter and for the fiscal year," Locoh-Donou told Market Domination. He noted that F5 has raised its guidance for both the first quarter of 2025 and the full fiscal year, demonstrating confidence in the company's trajectory.
"We have successfully redefined the role of F5 beyond the data center," Locoh-Donou stated. He points to the company's transformation from a "single product company" into a "software and security leader," citing predictable growth in their software business and a growing base of returning customers as evidence of this evolution.
Locoh-Donou also mentioned the role of AI, saying F5 is "emerging as an indispensable player in AI." He continued, saying "Our expertise is really in managing and securing optimizing critical network and application traffic, and we have developed that expertise and intellectual property over the last 25 years," he adds, indicating that this expertise positions the company well to capitalize on the expanding AI market.
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This post was written by Angel Smith