Barracuda Q1 Earnings Top, But Q2 Sales Outlook Light

By | July 9, 2015

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Barracuda Networks (CUDA) reported fiscal Q1 earnings late Thursday that edged Wall Street expectations, with its number of subscribers rising 18% to 252,000. The Campbell, Calif.-based company, however, missed with its Q2 sales outlook. It expects revenue of $78 million to $79 million, up 14% at the midpoint. Analysts polled by Thomson Reuters expected $80.4 million. Its EPS ex items guidance of about 9 cents was in line. In addition, Barracuda Scalper1 News

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