F5 forecasts first-quarter revenue below estimates

Figurines with computers and smartphones are seen in front of the words "Cyber Attack" in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration

(Reuters) -Cybersecurity firm F5 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.

(Reporting by Nithyashree R B in Bengaluru; Editing by Anil D'Silva)