F5 Networks sees Q4 EPS $3.15-$3.27, consensus $3.22

Sees Q4 revenue $690M-$710M, consensus $701.9M. “Over the last several years, through the combination of organic innovation, acquisitions and technology integration, we have created a converged portfolio uniquely capable of simplifying the complexities our customers face operating today’s hybrid, multi-cloud IT environments,” said Francois Locoh-Donou, F5’s President and CEO. “We are delivering the gross margin improvement and operating leverage we committed to, and we are confident in our ability to achieve our target of double-digit non-GAAP earnings growth for fiscal year 2023.”