Infoblox plummets after revenue warning
Infoblox Inc. warned investors Monday that revenue would come in well below expectations, and shares in the networking-software company dove more than 12% in late trading. Infoblox said it expects revenue for the first quarter to be $81 million to $82 million, after previously providing a forecast of $91 million to $93 million, and expects adjusted profit of 5 cents to 6 cents a share. Analysts polled by FactSet expected the company to report adjusted earnings of 6 cents a share on sales of $92 million. Читать дальше...