News: Riverbed Technology Inc (RVBD.OQ)

RVBD.OQ on NASDAQ Stock Exchange Global Select Market

15.00USD
24 May 2013
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Mon, Apr 29 2013

Riverbed results miss estimates as customers cut spending

- Riverbed Technology Inc reported quarterly results below analysts' estimates due to weak spending by businesses and the U.S. government, and it forecast a lackluster second quarter, sending its shares down 8 percent.

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BRIEF-Riverbed slumps in extended trading after results

NEW YORK, April 29 - Riverbed Technology Inc : * Shares slump 10 percent in extended trading after results

BRIEF-Riverbed down in premarket trading after results

NEW YORK, Feb 8 - Riverbed Technology Inc : * Shares drop 13 percent in premarket trading after results

Riverbed expects profit below estimates as core business slows

- Network gear maker Riverbed Technology Inc's quarterly profit fell 76 percent on costs associated with its $1 billion acquisition of Opnet Technologies Inc, and the company forecast current-quarter profit below estimates.

UPDATE 2-Riverbed expects profit below estimates as core business slows

* Expects first-quarter adjusted EPS $0.23-$0.24 vs est $0.25

Riverbed revenue rises on higher demand

Feb 7 - Network equipment maker Riverbed Technology Inc's quarterly revenue rose 17 percent as demand grew for its products that boost data speeds over wide-area networks.

BRIEF-Riverbed Tech shares down 3 pct after the bell

NEW YORK, Feb 7 - Riverbed Technology Inc : * Shares down 3 percent after the bell following results

TEXT-S&P rates Riverbed Technology riverbed 'BB', outlook stable

Overview -- We are assigning our 'BB' corporate credit rating to U.S. application and network performance management solutions provider Riverbed Technology Inc. . -- We are also assigning a 'BBB-' issue rating with a '1' recovery rating to the company's $500 million senior secured term loan B. -- The outlook is stable, reflecting the company's leadership position in its core WAN optimization market, and strong revenue and EBITDA growth. Rating Action On Nov. 30, 2012, Standard

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