Barracuda Networks Q3 Adj. Profit Tops Estimate

(RTTNews) - Barracuda Networks, Inc. (CUDA) reported a net loss in the third quarter of $36,000 or $0.00 per share, compared to a net loss of $2.1 million or $0.06 per share for the year-ago quarter.

Excluding items, adjusted net income for the latest quarter was $3.2 million or $0.06 per share.

Revenue for the third quarter rose 19% to $70.41 million from $59.39 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.05 per share on revenue of $69.98 million for the third quarter. Analysts' estimates typically exclude special items.