F5 Inc. has projected third-quarter revenue between $740 million and $760 million, surpassing Wall Street’s expectations of $739 million. This optimistic forecast reflects the increasing demand for the company’s cloud services, particularly as enterprises seek robust security solutions in the face of heightened cybersecurity risks associated with accelerated cloud migrations.

In the second quarter ending March 31, F5 reported revenue of $731 million, exceeding analysts’ estimates of $718.9 million. The company’s systems revenue reached $179 million, marking a 27% increase from the same period last year. CEO François Locoh-Donou highlighted F5’s role in addressing the complexities and cyber threats in today’s AI-driven, hybrid multicloud environments.

For the full fiscal year 2025, F5 has raised its revenue growth forecast to a range of 6.5% to 7.5%, up from the previous outlook of 6% to 7%. The company also anticipates third-quarter earnings per share, excluding items, to be between $3.41 and $3.53, compared to analysts’ estimate of $3.54.

Following the announcement, F5’s shares experienced a 1.8% increase in extended trading, reflecting investor confidence in the company’s strategic direction and market position.