Shares of networking equipment vendor Riverbed Technology (RVBD) are down 90 cents, or almost 5%, at $19.20, in late trading after the company this afternoon reported Q4 revenue that topped analsyts’ estimates and earnings per share in line with consensus.
Revenue in the three months ended in December, on an adjusted (non-GAAP) basis, rose 17%, year over year, and 9% quarter to quarter, to $239 million, yielding EPS of 29 cents, excluding some costs.
Analysts had been modeling $236 million and 29 cents a share.
CFO Randy Gottfried remarked that “We saw revenue expansion in all major regions, with solid growth in enterprise sales.”
Riverbed will host a conference call with analysts at 4:30 pm, Eastern time, and you can catch the webcast of it here.
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