Infoblox (BLOX) Tops Q3 EPS by 4c; Guides Below the Street

Infoblox (NYSE: BLOX) reported Q3 EPS of $0.07, $0.04 better than the analyst estimate of $0.03. Revenue for the quarter came in at $61 million versus the consensus estimate of $61.65 million.

Infoblox sees Q4 2014 EPS of $0.00-$0.02, versus the consensus of $0.06. Infoblox sees Q4 2014 revenue of $60-61 million, versus the consensus of $66.6 million.

Infoblox sees FY2014 EPS of $0.30-$0.32, versus the consensus of $0.33. Infoblox sees FY2014 revenue of $245-246 million, versus the consensus of $252.62 million.

“Revenue for the third quarter was $61 million, which was at the low-end of our guidance range of $61 million to $62 million,” said Robert Thomas, president and chief executive officer. “While we made progress in a few areas of the company, we again experienced challenges in closing seven-figure transactions. Clearly, our top priority is to reaccelerate top-line growth and we are taking actions to improve sales execution. Importantly, we believe our competitive position continues to be strong and our addressable market is growing, and we are optimistic about the opportunities before us.”

For earnings history and earnings-related data on Infoblox (BLOX) click here.

You May Also Be Interested In

• Gilead Sciences (GILD) Misses Q1 EPS by 288c
• Skechers USA (SKX) Tops Q1 EPS by 23c, Beats on Revenue; Offers FY24 Guidance
• Phillips Edison & Company (PECO) Reports In-Line Q1 EPS, provides guidance