That's a small step up from the $6.0 million in profits on $40.6 million in revenue reported last quarter and a huge leap from the $1.4 million in profits and $29.2 million in revenue reported a year ago.
The company has also boosted its revenue guidance. Officials say the company expects to grow sequentially in the next quarter and has set a target range of $45 million to $47 million in revenue.
Investors apparently viewed this as tasty news, as they snacked on shares in after-hours trading, driving F5 stock up $2.00 (8.93%) to $24.40.
F5 CEO and President John McAdam attributes growth to strong sales in its core product line...
Get all the details at Next-Gen Data Center Forum.
— Evan Koblentz, Senior Editor, Next-Gen Data Center Forum
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