F5 managed an all-around beat in its second quarter results despite ongoing macro-uncertainty. The company generated $703 million in sales in the second quarter, representing an 11% increase year on year. Global Services revenue increased by 8% to $363 million, owing to high maintenance renewals and the effects of the price increase implemented in Q4 of last year. F5's revenue was still roughly divided between Global Services and Product, with Global Services accounting for 52% of overall sales. ....
02 May 2023
F5, Inc.: A Resilient Performer Amidst Macro Uncertainty – Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)
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F5, Inc.: A Resilient Performer Amidst Macro Uncertainty – Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)
- Published:
02 May 2023 -
Author:
Ishan Majumdar -
Pages:
28
F5 managed an all-around beat in its second quarter results despite ongoing macro-uncertainty. The company generated $703 million in sales in the second quarter, representing an 11% increase year on year. Global Services revenue increased by 8% to $363 million, owing to high maintenance renewals and the effects of the price increase implemented in Q4 of last year. F5's revenue was still roughly divided between Global Services and Product, with Global Services accounting for 52% of overall sales. ....