infoblox inc (BLOX) Key Developments
Infoblox Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended April 30, 2015; Provides Earnings Guidance for the Fourth Fiscal Quarter Ending July 31, 2015
May 28 15
Infoblox Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended April 30, 2015. For the quarter, the company reported total net revenue of $78.103 million against $61.022 million a year ago. Loss from operations was $5.208 million against $7.365 million a year ago. Loss before provision for income taxes was $5.002 million against $7.241 million a year ago. Net loss was $5.136 million or $0.09 per basic and diluted share against $7.442 million or $0.14 per basic and diluted share a year ago. Non-GAAP operating income was $7.168 million against $3.926 million a year ago. Non-GAAP net income was $7.195 million or $0.12 per share against $3.849 million or $0.07 per share a year ago. Total revenue growth was driven primarily by product sales, which were up 32% year-over-year and 7% sequentially.
For the nine months, the company reported total net revenue of $219.126 million against $185.425 million a year ago. Loss from operations was $21.029 million against $13.652 million a year ago. Loss before provision for income taxes was $21.603 million against $13.732 million a year ago. Net loss was $22.357 million or $0.40 per basic and diluted share against $14.385 million or $0.27 per basic and diluted share a year ago. Non-GAAP operating income was $16.920 million against $18.288 million a year ago. Non-GAAP net income was $15.425 million or $0.26 per share against $17.555 million or $0.30 per share a year ago. Net cash provided by operating activities was $43.559 million against $42.011 million a year ago. Purchases of property and equipment were $5.552 million against $4.699 million a year ago.
The company provided earnings guidance for the fourth fiscal quarter ending July 31, 2015. For the fourth quarter, the company currently expects total net revenue in the range of $79 million to $81 million, Non-GAAP gross margin to be in the range of 78% to 79%, Non-GAAP operating margin in the range of 7% to 8%, and Non-GAAP diluted net income per share to be in the range of $0.09 to $0.10, assuming approximately 61.2 million shares on a non-GAAP diluted weighted-average share basis.
Infoblox Introduces the Most Comprehensive Single-Vendor Solution for Securing DNS Inside Enterprise Networks
May 20 15
Infoblox Inc. announced Infoblox Internal DNS Security, the most comprehensive solution from a single vendor for securing DNS inside enterprise networks. Enterprise network firewalls typically do not examine incoming and outgoing DNS traffic, a blind spot that cybercriminals are now exploiting. Once malware inserts itself into a network, the rogue code often relies on DNS to communicate with its command-and-control server and to exfiltrate sensitive data. Malicious users inside the network can also take advantage of DNS to mount internal distributed denial of service (DDoS) attacks from systems they have compromised.
Infoblox Inc. Presents at Stephens Spring Investment Conference 2015, Jun-03-2015 08:00 AM
May 19 15
Infoblox Inc. Presents at Stephens Spring Investment Conference 2015, Jun-03-2015 08:00 AM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States.
Infoblox Inc. - Analyst/Investor Day
May 11 15
To discuss market opportunities in the evolving IT landscape, the company’s strategy and priorities for product development, its unique technology and the business model
Infoblox Inc. to Report Q3, 2015 Results on May 28, 2015
May 8 15
Infoblox Inc. announced that they will report Q3, 2015 results at 1:30 PM, Pacific Standard Time on May 28, 2015