Barracuda Networks (CUDA) Set to Announce Earnings on Monday
Barracuda Networks (NYSE:CUDA) is scheduled to be posting its quarterly earnings results after the market closes on Monday, January 8th. Analysts expect Barracuda Networks to post earnings of $0.19 per share for the quarter. Barracuda Networks has set its FY18 guidance at $0.73-0.78 EPS and its Q3 guidance at $0.17-0.19 EPS.
Barracuda Networks (NYSE:CUDA) last posted its quarterly earnings results on Tuesday, October 10th. The communications equipment provider reported $0.17 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.17. The firm had revenue of $94.30 million during the quarter, compared to the consensus estimate of $93.32 million. Barracuda Networks had a return on equity of 197.30% and a net margin of 2.52%. The business’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company earned $0.21 earnings per share. On average, analysts expect Barracuda Networks to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Barracuda Networks (NYSE:CUDA) opened at $27.50 on Monday. The firm has a market capitalization of $1,470.00, a P/E ratio of 161.76, a price-to-earnings-growth ratio of 7.28 and a beta of 3.28. Barracuda Networks has a one year low of $19.06 and a one year high of $27.95.
In related news, CFO Dustin Driggs sold 5,135 shares of the business’s stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $24.85, for a total value of $127,604.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Michael D. Hughes sold 1,390 shares of the business’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $21.97, for a total value of $30,538.30. Following the completion of the sale, the senior vice president now owns 155,118 shares of the company’s stock, valued at $3,407,942.46. The disclosure for this sale can be found here. Insiders have sold a total of 855,545 shares of company stock valued at $21,809,181 over the last quarter. 13.90% of the stock is currently owned by corporate insiders.
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Barracuda Networks Company Profile
Barracuda Networks, Inc designs and delivers security and data protection solutions. The Company offers cloud-enabled solutions that enable customers to address security threats, manage network performance, and protect and store their data. Its solutions are designed to manage information technology operations for its customers.
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