Barracuda Reports Fourth Quarter and Fiscal 2017 Results

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Barracuda Networks (CUDA) PT Lowered to $29 at Piper Jaffray Following 4Q

April 18, 2017 8:40 AM EDT

Piper Jaffray lowered its price target on Barracuda Networks (NYSE: CUDA) to $29.00 (from $32.00) while maintaining a Overweight rating. Barracuda reported solid FQ4 results, exceeding consensus and guidance across all metrics. Barracuda reported billings of $103.2M (cons $100.6M) and revenue of $89.3M (cons $88.4M), both... More

Needham & Company Reiterates Buy on Barracuda Networks (CUDA) Following 4Q

April 18, 2017 7:29 AM EDT

Needham & Company reiterated a Buy rating and $28.00 price target on Barracuda Networks (NYSE: CUDA) following the company's 4Q earnings report. CUDA solidly beat EPS forecasts with $0.19 versus the $0.15 Street estimate.

Guidance for FY1Q is consistent with or better than forecasts across the board.... More

Barracuda Networks (CUDA) Guides FY18 EPS Below Consensus

April 17, 2017 5:05 PM EDT

Barracuda Networks (NYSE: CUDA) sees FY18 EPS of $0.73-$0.78 vs consensus of $0.79.

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Barracuda Networks (CUDA) Tops Q4 EPS by 4c

April 17, 2017 4:16 PM EDT

Barracuda Networks (NYSE: CUDA) reported Q4 EPS of $0.19, $0.04 better than the analyst estimate of $0.15. Revenue for the quarter came in at $89.3 million versus the consensus estimate of $88.41 million.

Gross billings were $103.2 million, compared with $95.8 million in the fourth quarter of fiscal 2016.

The number of... More