Friday, January 8, 2016

Barracuda Networks Gets Slammed Following Earnings/Guidance, Shares Now Down 31%

Shares of #Barracuda Networks (CUDA 16.41) are down sharply this morning after the company issued weak quarterly results. The company missed earnings expectations for the first time since going public and released a weak gross bookings number. In addition, the company expects fourth quarter revenue to now fall short of current expectations.

http://tiny.iavian.net/8g7z

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