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Stock Market & Financial Investment News

News Breaks
July 14, 2014
08:31 EDTRVBDRiverbed sees Q2 adjusted EPS at low end of 26c-28c range, consensus 27c
Cuts Q2 adjusted revenue view to $264M-$265M from $274M-$280M, consensus $277.42M. “Second quarter sales were below our expectations, principally in North America as we experienced longer sales cycles on some of our larger and more complex deals. We have carefully reviewed our opportunities and prospects for the remainder of the year and continue to have confidence in our ability to grow the business and deliver targeted earnings performance,” said Jerry M. Kennelly, chairman and CEO, Riverbed. “During the quarter, we continued to prudently manage expenses and focus on achieving operating leverage, as demonstrated by our solid EPS performance within our guided range.”
News For RVBD From The Last 14 Days
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September 29, 2014
17:20 EDTRVBDEton Park reports 5.63% passive stake in Riverbed
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September 17, 2014
11:47 EDTRVBDRiverbed's Scott Downie departs company to join Illumio, Re/code says
Scott Downie, who has run Riverbed's customer support operations for nearly nine years, has left the company to join security startup Illumio, Re/code reports. Reference Link

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