F5''s CFO Frank Pelzer to step down
Discover the latest news on F5''s CFO retirement plans, stock performance, and analyst ratings.
https://seekingalpha.com/news/4130165-f5s-cfo-frank-pelzer-to-step-down?feed_item_type=news
Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.
F5 Networks (FFIV) is a leading provider of multi-cloud application services, enabling organizations to securely deliver applications with confidence. Today, FFIV experienced a strong bullish movement in the market.
FFIV stock is up 12.2% on Jul 30, 2024 17:56
Discover the latest news on F5''s CFO retirement plans, stock performance, and analyst ratings.
https://seekingalpha.com/news/4130165-f5s-cfo-frank-pelzer-to-step-down?feed_item_type=news
An update from F5 Networks (FFIV) is now available. F5, Inc.’s Executive Vice President and CFO, Frank Pelzer, has announced his retirement set for…
https://www.tipranks.com/news/company-announcements/f5-networks-announces-cfo-retirement-and-succession-plan
F5''s stock jumped 12% premarket after beating estimates, but analysts had mixed reactions to the results and guidance. Read more here
https://seekingalpha.com/news/4130111-f5-surges-after-q3-beat-outlook-but-analysts-remain-cautious?feed_item_type=news
F5, Inc . (NASDAQ: FFIV ) reported better-than-expected third-quarter financial results and raised its FY24 earnings guidance above estimates on Monday . F5 reported quarterly earnings of $3.36 per share, which beat the analyst consensus estimate of $2.97 per share. Quarterly sales came in at $695.495 million, which beat the analyst consensus estimate of $686.062 million, according to data from Benzinga Pro . "We delivered third-quarter revenue at the top end of our guidance range fueled by software growth and continued growth of our global services offerings," said François Locoh-Donou, F5''s president and CEO. "In addition, our continued operating discipline enabled us to deliver earnings per share well above the high … Full story available on Benzinga.com
https://www.benzinga.com/news/earnings/24/07/40037117/these-analysts-increase-their-forecasts-on-f5-after-upbeat-results
Futures Rise As Microsoft Earnings, Central Bank Avalanche Looms After yesterday''s market reversal, US equity futures are higher but lacking the strength seen in EU markets. As of 7:50am, S&P and Nasdaq futures are 0.2% higher, with Mag7 stocks mixed and Semis are higher despite NVDA down -63bps and MSFT flat with closely watched earnings after the close. The yield curve is twisting steeper and 10Y yield is 1bps. The dollar is flat and commodities are lower across all 3 complexes. The macro data focus is on JOLTS and Consumer Confidence in what shapes up to be a quiet session ahead of a central bank bonanza that features the BOJ and the Fed tomorrow: both could impact the yield curve though no large moves are expected. The bond market is pricing no moves tomorrow for the Fed but is not pricing a small probability of a 50bps cut in Sept. In premarket trading, CrowdStrike dropped 4% after a CNBC report about Delta Air Lines hiring attorney David Boies to seek potential damages from the cyber security company and Microsoft following the widespread outage earlier this month.
https://www.zerohedge.com/markets/futures-rise-microsoft-earnings-central-bank-avalanche-looms
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