Cloud-Solutions Provider F5 Stock Hits Record High on Increased Demand
1. F5 beat profit and sales estimates, boosting its outlook. 2. CEO highlights stable IT spending and alignment with industry trends. 3. Q1 adjusted EPS reached $3.84, above analyst expectations. 4. Software revenue increased 22%, driving overall revenue growth. 5. F5 shares surged nearly 8% post-earnings, hitting all-time highs.