SEATTLE (AP) — SEATTLE (AP) — F5 Networks Inc. (FFIV) on Wednesday reported fiscal third-quarter net income of $189.9 million.
On a per-share basis, the Seattle-based company said it had profit of $3.25. Earnings, adjusted for stock option expense and amortization costs, came to $4.16 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.49 per share.
The computer networking company posted revenue of $780.4 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $753.1 million.
For the current quarter ending in September, F5 expects its per-share earnings to range from $3.87 to $3.99.
The company said it expects revenue in the range of $780 million to $800 million for the fiscal fourth quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FFIV at https://www.zacks.com/ap/FFIV
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