InfoBlox (BLOX)

[Windbag1014]

Link to 3Q earnings

http://blogs.barrons.com/techtraderdaily/2013/05/23/infoblox-surges-11-fyq1-beats-q2-year-views-beat/

Shares of networking technology vendor InfoBlox (BLOX) are up $2.42, or 11%, at $24.42, in late trading, after the company reported fiscal Q3 revenue and profit per share that topped analysts’ estimates, forecast this quarter’s results higher as well, and projected the year’s revenue above expectations.

Revenue in the three months ended in April rose to $58 million, yielding EPS of 11 cents.

Analysts had been modeling $56.1 million and a 6-cent profit.

For the current quarter, the company sees revenue in a range of $58 million to $59 million, and EPS in a range of 8 cents to 9 cents. That is above Street consensus for $58.6 million and a 7-cent profit.

For the full year, the company sees revenue in a range of $220 million to $221 million, ahead of Street consensus of $218 million.