Infoblox (BLOX) Tops Q2 EPS by 2c; Guides Q3 EPS Below Views

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Infoblox Reports Fiscal Second Quarter 2016 Results

February 25, 2016 4:10 PM EST

SANTA CLARA, CA -- (Marketwired) -- 02/25/16 -- Infoblox (NYSE: BLOX), the network control company, today reported its financial results for its second fiscal quarter ended January 31, 2016. Total net revenue for the second quarter of fiscal 2016 was a record $96 million, an increase of 29% on a year-over-year basis. Products and licenses revenue for the quarter was a record $52 million, an increase of 36% on a year-over-year basis.

On a GAAP basis, the Company reported net income of $4 million, or $0.06 net income per diluted share, for the second quarter of fiscal 2016, compared with a net loss of... More