F5 Inc (FFIV) Q4 2024 Earnings Call Highlights: Record Revenue and Strong Software Growth ...

By Yahoo! Finance | Oct 29, 2024 at 03:10 AM EST

The strong software results in the quarter were driven by expansion in the existing renewal base and new business activity. FY25 software growth guidance reflects the trend of hybrid and multi-cloud adoption. Systems revenue improvement is from competitive replacements and tech refreshes. Subscription revenue in FY25 is weighted towards the second half.

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