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BUZZ-F5 jumps after upbeat Q2 forecast, beating results estimates

ReutersJan 28, 2025 9:35 PM

** Shares of cybersecurity and cloud services firm F5 FFIV.O jump 13% to $304.7 in after-hours trading

** Company forecasts Q2 revenue to range between $705 mln and $725 mln, above estimates of $702.7 mln, according to data compiled by LSEG

** Raises FY25 revenue forecast to a growth of 6% to 7% over FY24, from a projection of 4% to 5%

** Posts Q1 revenue of $766.49 mln, compared with estimates of $715.4 mln

** FFIV had risen 40.5% in 2024

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