Riverbed Technology, Inc. Issues Q2 2012 Guidance Below Analysts' Estimates; Lowers FY 2012 Revenue Guidance-Conference Call

Riverbed Technology, Inc. announced that for the second quarter of 2012, it expects revenue to be in the range of $193-197 million and earnings per share (EPS) to be in the range of $0.21-$0.22. For fiscal 2012, it expects revenue closer to 15% growth. The Company reported revenue of $729 million for fiscal 2011. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $202 million and EPS of $0.23 for the second quarter of 2012; revenue of $859 million for fiscal 2012.