F5 (FFIV) stock price jumps about 8% after forecast hike and Q1 earnings beat
F5 shares rose 8.5% to $293.37 after the company reported first-quarter revenue of $822 million, up 7% year over year, with systems sales surging 37%. Adjusted earnings per share reached $4.45, compared to $3.84 a year ago. F5 raised its fiscal 2026 revenue growth forecast to 5%-6% and projected second-quarter revenue between $770 million and $790 million.
