Barracuda Networks Turns To Profit In Q1 - Quick Facts

(RTTNews) - Barracuda Networks Inc. (CUDA) posted first-quarter net income attributable to company stockholders of $151 thousand, or $0.00 per share, compared to net loss of $2.4 million or $0.09 per share in the comparable quarter last year.

Non-GAAP net income for the latest first quarter was $3.6 million or $0.07 per share, compared to $708 thousand, or $0.02 per share in the prior year quarter.

On average, nine analysts polled by Thomson Reuters expect a loss of $0.03 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenue for the quarter rose 18% to $66.21 million from $56.23 million last year. Eight analysts had a consensus revenue estimate of $64.38 million for the quarter.