Cloud-Solutions Provider F5 Stock Hits Record High on Increased Demand | Global News Avenue

F5’s shares (cost) Trading at the highest point of history on Wednesday, this is the second day after the results of the release of a record of the innovation of the record and the strong guidance of the market demand.

The company reported the adjustment of the first quarter of the fiscal year in 2025 Earnings per share (EPS) 3.84 US dollars, revenue increased by nearly 11 % year -on -year to $ 766 million. It can be seen that the analysts of Alpha surveys are expected to be $ 337 and $ 715.3 billion, respectively.

Software revenue jumped by 22 % to $ 209 million, system revenue increased by 18 % to US $ 160 million, and global services revenue was higher than 398 million US dollars.

CEO touts the result of “compulsory execution”

CEO Françoislocoh-Donou said the performance was because the F5 was “consistent with the worldly trend, a more stable IT expenditure environment, and our strong execution.”

The company predicts that the annual adjustment of earnings per share will increase by 6.5 % to 8.5 %, which is the estimate of its previous 5 % increase to 7 %. Its income increased by 6 % to 7 %, while earlier forecasts increased by 4 % to 5 %.

F5 stocks have risen nearly 8 % in recent transactions, reaching an earlier $ 308 high, and reached about $ 291. In the past year, they have increased more than 55 % of their value.