Barracuda Networks (CUDA) Guides FY18 EPS Below Consensus

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Rosenblatt Reiterates Buy Rating and $30 PT on Barracuda Networks (CUDA) Following 4Q Report; 'Ongoing Strength in Core Products'

April 18, 2017 3:21 PM EDT

Rosenblatt reiterates Buy rating and $30 price target on Barracuda Networks (NYSE: CUDA), as the company announced fourth quarter earnings results.

Analyst Marshall Senk notes management delivered EPS and revenue figures ahead of guidance, estimates and consensus, driven by growth in core products such as... More

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

Stifel Reiterates Buy Rating and $32 PT on Barracuda Networks (CUDA) Following Q4 Results Beat; 'Growth in Core Product Billings'

April 18, 2017 7:00 AM EDT

Stifel reiterates Buy rating and $32 price target on Barracuda Networks (NYSE: CUDA), as the company reported fourth quarter results yesterday.

Analyst Gur Talpaz notes the company reported fourth quarter revenue, billings and EPS ahead of consensus, reflecting an secular shift away from... More

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