Riverbed Technology Inc. (RVBD) reported first quarter non-GAAP net income of $0.20 per share after the close Thursday, which was flat with last year. The consensus estimate was also for EPS of $0.20. Revenues climbed to $183 million, from $164 million in the prior year. The consensus estimate was for revenues of $186.13 million.
Riverbed Technology gapped open dramatically lower Friday and slipped beneath the day's range late in the afternoon. The stock closed down by 8.01 at $19.85 on the highest volume of the year and sank to a 6-month low.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.