By most measures, shares of AI cybersecurity outfit F5 (NASDAQ:FFIV) should be up today. Its fiscal fourth-quarter revenue improved 13% year over year to $917 million, topping consensus estimates of $884 million. Adjusted per-share earnings of $4.42 also beat expectations of only around $4.30, up slightly from the year-ago comparison of $4.39. Yet, FFIV stock is well down today. As of 12:51 p.m. ET, in fact, shares are more than 19% lower. What gives? Investors are panicking over what the company's guidance implies, although there's important context to add to the market's extreme bearish response.
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