F5 guides revenue in-line, EPS above consensus


F5 (NASDAQ:FFIV) expects FQ4 revenue of $453M-$463M and EPS of $1.46-$1.49. The former is in-line with a $455.8M consensus, while the latter is above a $1.45 consensus.

The ADC/security hardware vendor declares FQ3 sales were solid in all regions except Japan. Sales of its Good, Better, Best bundles - they feature simpler licensing terms for physical and virtual appliances than prior approaches - grew 49% Q/Q and contributed to major increases in software and security sales.

Product revenue +20% Y/Y to $296.3M. Services revenue +17% to $203.4M. GAAP sales/marketing spend +15% to $140M, R&D +24% to $67M. Stock repurchases totaled $150.5M.

Shares +0.5% AH. FQ3 results, PR.

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Comments (2)
  • Nitrexx11
    , contributor
    Comments (138) | Send Message
     
    Sounds like another solid qtr and guidance
    23 Jul 2014, 08:32 PM Reply Like
  • wil3714
    , contributor
    Comments (2273) | Send Message
     
    Nice rev appreciation
    24 Jul 2014, 09:14 AM Reply Like
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