F5 Networks, Inc. FIVE shares were lower by $0.30 at $90.02 in Thursday's session. After the close, the company issued a mixed report of Q1 EPS beat of $0.13 with inline revenues. However, the company lowered its Q2 guidance for EPS and revenues.
The issue peaked off its sharply higher opening print of $94.50 versus Wednesday's close of $90.02. It immediately reversed course and came within a quarter of its two-year low ($88.75) from Wednesday's session, only reaching $89 before rebounding to its current level.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in