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Posts Tagged ‘Infoblox Inc’

(Reuters) – Shares of Infoblox Inc slumped 41 percent to their life low on Friday, a day after the network equipment maker warned of a lower-than-expected profit for the fourth quarter, hurt by contract delays and a slowdown in customer additions. At least five brokerages lowered their rating and eight cut their price target on […]

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(Reuters) – Network equipment maker Infoblox Inc estimated second-quarter revenue below analysts’ average forecast, citing disappointing business with the U.S. government and fewer $1 million-plus transactions. The company’s shares fell 29 percent to $23.42 in extended trading. “While sales through the first two months of the quarter met our internal expectations, we experienced a much […]

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