Rochester, NY 9/1/2009 3:20:46 PM
Blue Coat Systems Inc., BCSI, Up by 1.03% Last Trading
Blue Coat Systems Inc.
WAN optimization specialist Blue Coat posted net revenues of $116 million net for the quarter to the end of July, a rise of 13% on the same quarter one year ago, and a 2% rise on the previous quarter.
“Blue Coat delivered solid quarterly results in a challenging economic environment. In the first quarter, our revenue and non-GAAP EPS performance met our expectations, and we experienced good cash generation. Importantly, we improved non-GAAP operating profitability, as driving better leverage in our business model continues to be a strategic initiative for Blue Coat in 2010,” NeSmtih said.
Whisperfromwallstreet.com is a FREE award winning newsletter dedicated to uncovering stocks that are about to move. Please click here to join now.
Last Trade: 19.61
Day's Range: N/A - N/A
52wk Range: 0.00 - 21.12
Change: 0.00 (0.00%)
Volume: 0
Avg Vol (3m): 714,788
ABOUT Blue Coat Systems, Inc.
Blue Coat Systems, Inc. sells a family of proxy appliances and related software and services. The Company’s products provides its end user customers with information about the applications and Web traffic running on their networks, including the ability to discover, classify, manage and control communications between users and applications across internal networks, the wide area network (WAN) and the Internet. Its products enable its end user customers to secure their Internet gateways and remote computer systems by providing protection from malicious code, or malware and objectionable content. On June 6, 2008, the Company acquired Packeteer, a provider of WAN traffic prioritization technologies.
ABOUT WhisperFromWallStreet.com
WhisperFromWallStreet.com offers free daily stock alerts on companies ready to run. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
WhisperFromWallStreet.com has a dedicated team uncovering stocks ready to break and run. We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified directly to their in-box.
This is a free service available only to our subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
During 2009 our alerts have resulted in an average price gain of 80%+.
Disclaimer: Full disclaimer at http://WhisperFromWallStreet.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither StockEinstein, nor any of its affiliates are registered investment advisors or broker dealers.
