Against the backdrop of the continued tough competition, F5 delivered an all-around beat in the recent result. The company experienced more pervasive deal delays and heightened budget in the quarter across all geographies. As per the expectation in the quarter, software renewals performed largely. Improving supply chain conditions helped the company’s hardware revenue in the quarter. A healthcare customer, in this quarter, selected F5’s API protection solution and managed a web application firew ....
