F5 Lifts Annual Revenue Outlook on Strong Security Spending

F5 INC raised its annual revenue growth forecast to between 7% and 8% on Tuesday. This outlook replaces a previous estimate of 5% to 6% as enterprises increase spending on application security. The upgrade signals that AI-driven infrastructure modernization is translating into direct top-line growth for cybersecurity providers.

Shares of F5 rose 5% in extended trading following the announcement. F5 reported second-quarter revenue of $812 million, exceeding LSEG estimates of $781 million. Profit reached $2.58 per share, up from $2.48 per share a year ago.