F5 climbs after raising full-year profit, revenue forecasts

Shares of cybersecurity firm F5 Inc FFIV.O up 9.8% at $297 premarket

F5 raises full-year revenue and profit forecasts

Says remediation efforts and steady demand for application security are helping offset impacts of a recent systems breach

Co now expects FY2026 rev growth of 5%-6%, above its prior outlook of 0%-4%

Forecasts annual adjusted EPS of $15.65-$16.05, up from earlier range of $14.50-$15.50

Q2 rev projected at $770 mln-$790 mln, topping analysts’ average estimate of $748.3 mln - LSEG data

Q1 revenue and profit beat estimates

Four out of 14 analysts rate stock "buy" or higher, nine rate it "hold", one "sell"; median PT at $320 - data compiled by LSEG

As of last close, FFIV up 2.8% over the past year