Shares of F5 Networks (NASDAQ:FFIV) rose after the company reported Q3 results.
Quarterly Results
Earnings per share increased 26.61% over the past year to $2.76, which beat the estimate of $2.46.
Gainers
Color Star Technology (NASDAQ:CSCW) stock increased by 3.34% to $0.85 during Monday's after-market session. The market value of their outstanding shares is at $76.8 million.
F5 Networks (NASDAQ:FFIV) reported quarterly earnings of $2.76 per share which beat the analyst consensus estimate of $2.46 by 12.2 percent. This is a 26.61 percent increase over earnings of $2.18 per share from the same
Companies Reporting Before The Bell
• Otis Worldwide (NYSE:OTIS) is estimated to report quarterly earnings at $0.71 per share on revenue of $3.45 billion.
F5 Networks, Inc. (NASDAQ:FFIV) today announced it will report its third quarter fiscal year 2021 financial results on Monday, July 26, 2021, following the market close. F5 also will host a live webcast and conference
On CNBC's "Fast Money Halftime Report," Stephen Weiss said he would wait for F5 Networks, Inc. (NASDAQ: FFIV) to report earnings before he makes a decision.
F5 Networks, Inc’s (NASDAQ: FFIV) growth targets appear too optimistic, with the market “rapidly transitioning to cloud-based architectures,” where the company has a lower share, according to Goldman Sachs.