Needham & Company Remains Sidelined on Infoblox (BLOX) Following 4Q
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Infoblox Reports Fourth Quarter and Fiscal Year 2016 Results
August 31, 2016 4:10 PM EDTSANTA CLARA, Calif., Aug. 31, 2016 (GLOBE NEWSWIRE) -- Infoblox (NYSE: BLOX), the network control company, today reported its financial results for its fourth fiscal quarter and fiscal year ended July 31, 2016. Total net revenue for the fourth quarter of fiscal 2016 was $86 million. Total net revenue for fiscal 2016 was a record $358 million, an increase of 17% compared with the total net revenue of $306 million in fiscal 2015.
On a GAAP basis, the Company reported a net loss of $10 million, or $0.18 net loss per diluted share, for the fourth quarter of fiscal 2016, compared with a... More
Nearly Half of Enterprise Networks Show Evidence of DNS Tunneling, According to Infoblox Security Assessments
August 31, 2016 3:01 AM EDTSANTA CLARA, Calif., Aug. 31, 2016 (GLOBE NEWSWIRE) -- Infoblox Inc. (NYSE: BLOX), the network control company, today announced results of the Infoblox Security Assessment Report for the second quarter of 2016, which finds that 40 percentnearly halfof files tested by Infoblox show evidence of DNS tunneling, a significant security threat that can indicate active malware or ongoing data exfiltration within an organizations network.
... More
