Infoblox (BLOX) Tops Q1 EPS by 7c, Offers Q2 Guidance; Company Approves $100M Buyback

Infoblox (BLOX) Beating, Raising and Cheap - Stifel

Infoblox (NYSE: BLOX) reported October quarter revenues of $94.0m, up 8.1% q/q and 40.9% y/y, above consensus expectations of $87.6m. EPS was $0.13, above consensus of $0.06. Overall, this was a good quarter with Stifel analyst, Sanjiv R. Wadhwani, stating that "while FY2017 growth will slow given the tailwind of the refresh in FY2016, at less than 2x our FY2017 revenues, the valuation remains attractive".

Revenue guidance for the... More

Product Refresh and Security Sales Drives Strong 1Q for Infoblox (BLOX); Piper Jaffray Reiterates Overweight

Piper Jaffray reiterated an Overweight rating and $30.00 price target on Infoblox (NYSE: BLOX) following the company's 1Q earnings report. Revenue of $94.0M came in well above consensus of $87.6M, and managements guided range of $86.0-$88.0M. Continued acceleration in product growth was the primary... More

Infoblox (BLOX) Reports Strong 1Q Results, But Needham & Company Remains Concerned Over Replacement Upgrade; Reiterates Hold

Needham & Company maintained a Hold rating on Infoblox (NYSE: BLOX) following the company's 1Q16 earnings report. Against a 5% Revenue growth in the year-ago period with Product Sales down 12%, Infoblox posted 41% Revenue growth and came in ahead of forecast. While this was a stronger than Needham expected, it does not... More

Infoblox (BLOX) Beats, Raises and Institutes New $100M Buyback - William Blair

William Blair analyst, Jason Ader, published an earnings review on Infoblox (NYSE: BLOX) highlighting the benefit from the Dash-A upgrade cycle and Security products increasing deal sizes. In addition to the beat and raise results, management announced a $100 million buyback program, exhibiting its confidence in the companys longer-term business prospects.

Infoblox turned in a stellar start to the fiscal year, topping consensus by... More