F5 beats Wall Street expectations for Q4, capping strong 2021

Application security company F5 Networks delivered better-than-expected fourth-quarter financial results, reporting non-GAAP net income of $185 million, or $3.01 per diluted share, on revenue of non-GAAP $617 million. The fourth-quarter fiscal year 2021 GAAP revenue was $682 million, beating Wall Street’s expectations of $671.51 million and $2.75 per share earnings.

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