Shares of Salesforce.com Inc. (NYSE: CRM) slumped about 8% by afternoon trade. The cloud software maker reported fiscal first quarter results late on Thursday. Even though non-GAAP earnings were in-line with estimate and revenue topped expectation, investors were disappointed due to sequential decline in deferred revenue and earnings guidance for the current quarter. Deferred revenue [...]
Shares of Infoblox Inc. (NYSE: BLOX) rallied on Friday after the automated network controller, late last evening reported better-than-expected earnings and revenue for the fiscal third quarter and provided upbeat guidance for the current quarter.
Shares of Infoblox Inc. (NYSE: BLOX), a provider of appliance-based solution that enables dynamic networks and next generation data centers, saw a huge rally in trading today after the company reported its first-quarter financial results.