30-07-2025
F5 stock rises 8% as quarterly revenue grows 12% to $780M
Shares of F5 were up more than 8% in after-hours trading Wednesday after the Seattle-based security and application delivery giant topped estimates for its fiscal third quarter.
Revenue was up 12% to $780 million while GAAP net income was $190 million, up from $144 million.
'Customers are modernizing their data centers, adopting hybrid multicloud architectures, and scaling to meet growing application performance and security needs, including those coming from AI adoption,' F5 CEO François Locoh-Donou said in a statement.
F5 raised its guidance for fiscal year 2025 revenue growth, to about 9%, up from prior guidance of 6.5-to-7.5%.
F5 released a recent report showing that only 2% of global organizations are 'highly ready to scale AI securely across operations.'
