Barracuda Networks Stock Slides, Guidance In Line

By | January 9, 2015

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Barracuda Networks (CUDA) late Thursday reported fiscal Q3 earnings and revenue slightly above consensus estimates and gave inline current-quarter sales guidance. Barracuda stock was down 9% in midday trading in the stock market today, but shares of the Campbell, Calif.-based company had shot up more than 55% since Oct. 1 amid a run-up in computer network security stocks. IBD’s Computer-Software Security group ranks No. 1 out of 197 industry Scalper1 News

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