Piper Jaffray Downgrades Barracuda Networks (CUDA) to Neutral
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Imperial Capital Cuts Price target on Barracuda Networks (CUDA) Following 2Q16
October 2, 2015 10:20 AM EDTImperial Capital maintained an Outperform rating on Barracuda Networks (NYSE: CUDA), and cut the price target to $25.00 (from $41.00), following the company's 2Q16 earnings results. CUDA reported F2Q16 revenue of $78.4mn and adjusted EPS of $0.10, compared with consensus estimated revenue of $78.6mn and adjusted EPS of $0.09.
Analyst Michael Kim commented, "We... More
Macquarie Downgrades Barracuda Networks (CUDA) to Neutral
September 30, 2015 7:19 AM EDTMacquarie downgraded Barracuda Networks (NYSE: CUDA) from Outperform to Neutral.
For an analyst ratings summary and ratings history on Barracuda Networks click here. For more ratings news on Barracuda Networks click here.
Shares of Barracuda Networks closed at $23.55 yesterday.
... MoreBarracuda Networks (CUDA) Tops Q2 EPS by 1c
September 29, 2015 4:22 PM EDTBarracuda Networks (NYSE: CUDA) reported Q2 EPS of $0.10, $0.01 better than the analyst estimate of $0.09. Revenue for the quarter came in at $78.5 million versus the consensus estimate of $78.56 million.
"We now have more than 261,000 active subscribers and this quarter's dollar-based renewal rates were 95.1%. In the second quarter, gross billings grew to $98.4 million,... More
