Barracuda Networks (CUDA) Misses Q3 EPS by 1c

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Barracuda Reports Third Quarter Fiscal 2016 Results

January 7, 2016 4:20 PM EST

CAMPBELL, Calif., Jan. 7, 2016 /PRNewswire/ -- Barracuda Networks, Inc. (NYSE: CUDA), a leading provider of cloud-connected security and storage solutions, today announced results for its third quarter of fiscal 2016, which ended November 30, 2015.

Total revenue increased 14% to $80.1 million, up from $70.4 million in the third quarter of fiscal 2015. Appliance revenue in the third quarter of fiscal 2016 grew to $21.7 million, up from $20.7 million in the third quarter of fiscal 2015, and recurring... More