View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
November 19, 2010

Blue Coat Q2 revenue up marginally to $121m

Posts net income of $12m

By CBR Staff Writer

Blue Coat Systems has reported net revenue of $121m in the second quarter of fiscal 2011, a marginal increase of 0.83% as compared to net revenue of $120m in the same quarter last fiscal.

Revenue from products decreased to $73.1m from $77m in Q2 FY10, and services revenue increased to $48m from $44m of Q2 FY10.

For the second quarter ended 31 October 2010, the company posted an operating income of $17m, an increase of 70% as compared to $10m of the same quarter FY10.

Blue Coat reported a net income of $12m and $0.25 diluted EPS in the second quarter of fiscal 2011, as compared to a net income of $8.3m and $0.19 diluted EPS in the same period previous year.

For the third quarter of fiscal 2011, the company is expecting net revenue to be between $121m and $128m, and net income to be in a range of $0.21 and $0.26 per diluted share.

Content from our partners
The growing cybersecurity threats facing retailers
How to integrate security into IT operations
How Kodak evolved to tackle seismic changes in the print industry and embrace digital revolution

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU