Barracuda Networks (CUDA) Reports In-Line Q2 EPS

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Go back to Barracuda Networks (CUDA) Reports In-Line Q2 EPS

Barracuda Networks (CUDA) PT Raised to $22 at Imperial Capital Following 2Q Release

October 11, 2017 1:15 PM EDT

Imperial Capital raised its price target on Barracuda Networks (NYSE: CUDA) to $22.00 (from $21.00) while maintaining a In-Line rating following the company's 2Q earnings report. CUDA announced F2Q18 revenue of $94.3mn and adjusted EPS of $0.17, compared with Street
revenue estimates of $93.3mn and adjusted EPS... More

Needham & Company Reiterates Buy on Barracuda Networks (CUDA) Following 2Q

October 11, 2017 8:39 AM EDT

Needham & Company reiterated a Buy rating and $28.00 price target on Barracuda Networks (NYSE: CUDA) following the company's 2Q earnings report. Barracuda reported a roughly in-line quarter and maintained its full year-guidance.

CUDA's new subscriptions adds jumped 17% year-year to 348,000 and up 4% sequentially from... More