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Wednesday, January 18, 2012

Stock Alert -F5 Networks (FFIV): FQ1 EPS of $1.03 beats by $0.02 - 1/18/12

F5 Networks (FFIV): FQ1 EPS of $1.03 beats by $0.02. Revenue of $322.4M (+19.8% Y/Y) beats by $3M.More on F5 Networks (FFIV): FQ1 beats estimates across the board on a 19% Y/Y jump in revenue, boosted by strong global sales in its Viprion product line, particularly North America. The company also guides FQ2 higher, saying EPS will be around $1.05 - $1.07 on revenue of between $332M - $337M. Street estimates are for earnings of $1.05 per share on $331M in revenue. Shares +5.4% AH

F5 Networks (FFIV) resistance level is $120-$125 and support level is $100.

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