F5 Shares Rise on Surge in 3Q Hardware Sales

Dow Jones
07/31

By Nicholas G. Miller

 

F5 shares rose Thursday, a day after the company reported third-quarter earnings that beat expectations and said it saw a surge in third-quarter hardware sales.

The stock was up 7.6% to $321.70 and is up 58% over the previous 12 months.

The technology company that specializes in application security and delivery reported 39% growth in hardware revenue and a 16% increase in software revenue.

F5 said in its earnings call that hardware sales were fueled by tech refresh, or customers buying new versions of hardware as current versions expire, as well as customers preparing for AI adoption by building out their data center needs.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

July 31, 2025 11:05 ET (15:05 GMT)

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