Nimble Storage EPS Guidance Misses, But Q2 Beats

By | August 27, 2014

Scalper1 News

Nimble Storage (NMBL) stock rose, then fell, Wednesday after the flash cloud storage provider late Tuesday delivered a Q2 beat, but its EPS outlook for the current quarter fell short of Wall Street expectations. The impact of the outlook earnings miss was eased because “management reiterated expectations of achieving non-GAAP break-even by the end of fiscal 2016, with free cash break-even possibly sooner,” William Blair analyst Jason Ader wrote in Scalper1 News

Scalper1 News