Needham & Company Remains Sidelined on Infoblox (BLOX) Following 4Q
- Futures falter as Meta Platforms weighs on megacaps
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
UPDATE: Infoblox (BLOX) Tops Q4 EPS by 2c; Offers Q1, FY17 Guidance
August 31, 2016 4:10 PM EDT(Updated - August 31, 2016 4:12 PM EDT)
Infoblox (NYSE: BLOX) reported Q4 EPS of $0.08, $0.02 better than the analyst estimate of $0.06. Revenue for the quarter came in at $86.3 million versus the consensus estimate of $84.51 million.
Guidance:
Sees FY17 revenue of $360 - $380... More
Streetinsider.com's Hot Lunchtime Reads 8/31: (NFLX) (TWTR) (CMG) (BLOX)
August 31, 2016 12:26 PM EDTThe following is a list of notable articles to help get you through the lunch hour:Infoblox (BLOX) Said in Talks with PE Firms Over Potential Sale ->... More
UPDATE: Infoblox (BLOX) Said in Talks with PE Firms Over Potential Sale
August 31, 2016 12:13 PM EDT(Updated - August 31, 2016 12:14 PM EDT)
Infoblox (NYSE: BLOX) trading paused for volatility.
UPDATE - Reuters chatter has Infobloc in talks with Thoma Bravo, and other private-equity firms over a potential sale. The company is said to be... More