F5 Networks, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2021
July 26, 2021 at 04:07 pm EDT
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F5 Networks, Inc. announced earnings results for the third quarter ended June 30, 2021. For the third quarter, the company announced total revenue was USD 651.515 million compared to USD 583.252 million a year ago. Operating income was USD 96.412 million compared to USD 87.621 million a year ago. Net income was USD 89.604 million compared to USD 69.872 million a year ago. Basic earnings per share from continuing operations was USD 1.49 compared to USD 1.15 a year ago. Diluted earnings per share from continuing operations was USD 1.46 compared to USD 1.14 a year ago. For the nine months, total revenue was USD 1,921.419 million compared to USD 1,736.006 million a year ago. Operating income was USD 267.661 million compared to USD 293.654 million a year ago. Net income was USD 220.523 million compared to USD 229.778 million a year ago. Basic earnings per share from continuing operations was USD 3.63 compared to USD 3.78 a year ago. Diluted earnings per share from continuing operations was USD 3.55 compared to USD 3.76 a year ago.
F5, Inc. specializes in developing and selling network equipment. Net sales break down by activity as follows:
- supply of services (51.2%): consulting, training, maintenance, and technical support services;
- sales of products (48.8%): load distribution systems providing load management, performance optimization, and security for computer systems, Internet traffic management systems, data storage systems, etc.
Net sales are distributed geographically as follows: the United States (52.9%), Americas (3.4%), Europe/Middle East/Africa (26.4%), and Asia/Pacific (17.3%).
F5, INC. 
