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General

F5 Networks adds to share buyback programme after strong Q1

Thursday 24 January 2019 | 09:25 CET | News
F5 Networks reported higher revenues and profit for its fiscal first quarter 2019 to end December, boosted by growing demand for software. Revenues lifted 4 percent from the year before to USD 543.8 million, well within expectations, while the net profit advanced to USD 130.9 million or USD 2.6 per diluted share, from 88.4 million and 1.41 per diluted share. CEO Francois Locoh-Donou noted that adjusted earnings went higher than expected, rising to USD 163.5 million or USD 2.70 per share, from 141.6 million and 2.26 per share. With the positive results, the company has added USD 1 billion to

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Categories: General
Companies: F5 Networks
Countries: World
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