UPDATE 1-Riverbed Q2 profit beats Wall Street

(Recasts, adds details, share movement)

July 24 (Reuters) - Wide-area data services provider Riverbed Technology Inc (RVBD.O: Quote, Profile, Research, Stock Buzz) posted a better-than-expected second-quarter profit, as it got new customers and reduced expenses, sending its shares up 12 percent.

Riverbed posted a net loss of $869,000, or 1 cent a share, compared with net income of $3.9 million, or 5 cents a share, a year earlier.

Excluding items, it earned 13 cents a share for the second quarter. Revenue rose 51 percent to $81.6 million.

Analysts on average expected earnings of 11 cents a share, before items, on revenue of $77.05 million, according to Reuters Estimates.

The company's operating expenses fell 47.4 percent during the quarter.

Shares of the San Francisco-based company rose to $17.50 in trading after the bell. They had closed down 6 percent at $15.58 Thursday on Nasdaq. (Reporting by Nivedita Bhattacharjee in Bangalore; Editing by Pratish Narayanan)