F5 rises after lifting annual outlook

Shares of cybersecurity firm F5 FFIV.O up ~12% at $303.33 after the bell

F5 raises annual revenue growth forecast to a range of 5% to 6%, up from flat to 4% previously

Expects annual adjusted EPS in a range of $15.65 to $16.05, up from $14.50 to $15.50 previously

Posts Q1 revenue of $822 million, compared to analysts' estimates of $758.1 million — data compiled by LSEG

Says revenue growth of 7% was driven by 11% product revenue growth, including 37% growth in systems revenue

Q1 adjusted EPS of $4.45 beats estimates of $3.65

Stock up 1.51% in 2025