Piper Jaffray Downgrades Barracuda Networks (CUDA) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/25/2026
Go back to Piper Jaffray Downgrades Barracuda Networks (CUDA) to Neutral
October 2, 2015 10:20 AM EDT
Imperial 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
September 30, 2015 7:19 AM EDT
Macquarie 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.
...
More
September 29, 2015 4:22 PM EDT
Barracuda 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
