F5 forecasts first-quarter revenue below estimates

Cybersecurity firm F5 FFIV on Monday forecast first-quarter revenue below Wall Street estimates, citing near-term disruption to sales cycles following the recent cybersecurity breach at the company.

F5 expects first-quarter revenue in the range of $730 million to $780 million, compared to analysts' average estimate of $791 million, according to data compiled by LSEG.