Barracuda Networks Q2 EPS, Outlook Beat; Stock Dips

By | October 10, 2014

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Barracuda Networks late Thursday posted fiscal Q2 earnings and gave a Q3 forecast that topped analyst expectations, but its stock fell Friday. The Campbell, Calif.-based network security company forecast Q3 EPS excluding items of 4 cents to 5 cents and $69 million to $70 million in revenue. Analysts polled by Thomson Reuters had expected 3 cents and $69 million. Barracuda Networks (CUDA) stock, though, was near 26, down 1% in morning trading in Scalper1 News

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