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Is F5 Stock a Buy Now?

TheMotleyFool 
0 0 02.08.23
Is F5 Stock a Buy Now?: https://g.foolcdn.com/editorial/images/741663/it-professional-server.jpg
 

Shares of F5 (NASDAQ: FFIV) jumped 6% on July 25 after the enterprise hardware and software company posted its latest earnings report. For the third quarter of fiscal 2023 (ended June 30), its revenue rose 4% year over year to $703 million and exceeded analysts' estimates by $3 million. Its adjusted earnings per share (EPS) grew 25% to $3.21 and cleared the consensus forecast by $0.35.

Those headline numbers were solid, but should you chase F5's post-earnings pop?

F5 was founded in 1996. It originally developed application delivery controllers (ADCs), used to balance server loads, but it subsequently expanded its ecosystem with security, automation, application delivery, and network access services. Today, more than 85% of Fortune 500 companies use its ADCs and software services to manage their networks, secure their applications, and digitally upgrade their businesses.

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Source Fool.com

Electro Power Systems S.A. Stock

€1.02
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Electro Power Systems S.A. gained 0.200% compared to yesterday.

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