Barracuda Networks (CUDA) Tops Q2 EPS by 4c

Barracuda Networks (NYSE: CUDA) reported Q2 EPS of $0.08, $0.04 better than the analyst estimate of $0.04. Revenue for the quarter came in at $68.7 million versus the consensus estimate of $66.8 million.

"We are pleased to report another quarter of strong performance on both our top and bottom line," said BJ Jenkins, president and CEO. "In the second quarter, we added more than 11,250 new active subscribers, bringing our total active subscribers to more than 225,000. Our results reflect our continued traction in our faster-growing categories of storage and network and application security. We recently introduced a number of new products and feature enhancements to our portfolio, which we believe will strengthen our position as a leading provider of security and storage solutions that simplify the lives of IT professionals."

For earnings history and earnings-related data on Barracuda Networks (CUDA) click here.

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