Needham & Company Raises Price Target on Infoblox (BLOX) Following 3Q Results

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Infoblox Reports Third Quarter of Fiscal 2015 Results

May 28, 2015 4:03 PM EDT

Company Reports Record Revenue

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Infoblox (NYSE: BLOX), the network control company, today reported its financial results for its third fiscal quarter ended April 30, 2015. Total net revenue for the third quarter of fiscal 2015 was a record $78.1 million, an increase of 28.0% on a year-over-year basis.

On a GAAP basis, the Company reported a net loss of $5.1 million, or $0.09 net loss per fully diluted share, for the third quarter of fiscal 2015, compared with a net loss of $7.4 million, or $0.14 net loss per fully diluted share, for... More