F5 stock rallies as earnings beat Street view

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F5 Inc. shares rallied in the extended session Monday after the cloud security company topped expectations for the quarter. F5 shares surged as much as 8%...

F5 Inc.

shares rallied in the extended session Monday after the cloud security company topped expectations for the quarter. F5 shares surged as much as 8% after hours, following a 0.9% rise to close the regular session at $150.21. The company reported that fiscal third-quarter net income rose to $89 million, or $1.48 a share, from $83 million, or $1.37 a share, from a year ago. Excluding one-time items, the company would have reported earnings of $3.21 a share for the latest quarter.

shares rallied in the extended session Monday after the cloud security company topped expectations for the quarter. F5 shares surged as much as 8% after hours, following a 0.9% rise to close the regular session at $150.21. The company reported that fiscal third-quarter net income rose to $89 million, or $1.48 a share, from $83 million, or $1.37 a share, from a year ago. Excluding one-time items, the company would have reported earnings of $3.21 a share for the latest quarter.

 

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