Pacific Crest Sees Opportunity in Barracuda Networks (CUDA) Following Q1 Billings 'Miss'

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Imperial Capital Cut Price Target on Barracuda Networks, Inc. (CUDA) Following F1Q16 Beat

July 10, 2015 11:55 AM EDT

Imperial Capital reiterates an Outperform rating on Barracuda Networks (NYSE: CUDA), and cut the price target to $47.00 (from $52.00), based on comparative valuation following F1Q16. CUDA reported F1Q16 revenue of $78.0mn, exceeding Street estimates of $77.2mn. Adjusted EPS of $0.09 beat Streets $0.08 estimate.... More

Barracuda Networks (CUDA) Tops Q1 EPS by 1c

July 9, 2015 4:10 PM EDT

Barracuda Networks (NYSE: CUDA) reported Q1 EPS of $0.09, $0.01 better than the analyst estimate of $0.08. Revenue for the quarter came in at $78 million versus the consensus estimate of $77.25 million.

For the first quarter of fiscal 2016, gross billings grew to $94.3 million, up from $87.6 million... More