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F5 Networks (FFIV) Stock Gains in After-Hours Trading on Q4 Beat, Guidance

NEW YORK (TheStreet) -- Shares of F5 Networks (FFIV) were rising 5.57% to $126.20 in after-hours trading on Wednesday after the company reported better-than-anticipated results for the 2016 fiscal fourth quarter and issued an upbeat forecast.

After today's closing bell, the Seattle-based application delivery services provider posted adjusted earnings of $2.11 per share, topping analysts' estimates of $1.94 per share.

Revenue for the quarter grew 5% year-over-year to $525 million and topped Wall Street's projections of $521 million.

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