04:39 PM EDT, 10/28/2024 (MT Newswires) -- F5 (FFIV) reported fiscal Q4 non-GAAP earnings late Monday of $3.67 per diluted share, up from $3.50 a year earlier.

Analysts polled by Capital IQ expected $3.45.

Revenue for the quarter ended Sept. 30 was $746.7 million, up from $707 million a year earlier. Analysts surveyed by Capital IQ expected $730.6 million.

The company expects fiscal Q1 non-GAAP EPS between $3.29 and $3.41 and revenue between $705 million and $725 million. Analysts polled by Capital IQ expect $3.37 and $706 million.

F5 said its board has authorized an additional $1 billion for its common stock repurchase program. This new authorization adds to the $422 million left in the current program.

Shares of F5 were up more than 10% in after-hours activity.

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