Infoblox (BLOX) Tops Q1 EPS by 7c, Offers Q2 Guidance; Company Approves $100M Buyback
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Infoblox Reports Fiscal First Quarter 2016 Results
November 30, 2015 4:10 PM ESTSANTA CLARA, CA -- (Marketwired) -- 11/30/15 -- Infoblox (NYSE: BLOX), the network control company, today reported its financial results for its first fiscal quarter October 31, 2015. Total net revenue for the first quarter of fiscal 2016 was a record $94.0 million, an increase of 40.9% on a year-over-year basis.
On a GAAP basis, the Company reported a net loss of $1.5 million, or $0.03 net loss per fully diluted share, for the first quarter of fiscal 2016, compared with a net loss of $10.2 million, or $0.18 net loss per fully diluted share, for the first quarter of fiscal 2015.
The Company... More
