F5 Networks Negatively Pre-announces. Stock Down 15% in After-market.
F5 Networks negatively its March quarter results after the close. Expected revenue is $350.2 million below guidance of $370 million to $380 million. Non-GAAP EPS of $1.06 to $1.07 is below guidance of $1.21 to $1.24. F5 attributed the weakness to a slowdown in North America and to a lesser extent lower sales in Europe, the Middle East and Africa (EMEA).