Riverbed Technology Inc. (RVBD: Quote) reported fourth quarter non-GAAP net income of $0.29 per share after the bell Thursday, compared to $0.25 per share a year ago. The consensus estimate was for EPS of $0.29.
Riverbed Technology gapped down sharply Friday and declined in early trade, before settling into a narrow range. The stock finished down by 3.54 at $16.56, with volume at over a 9-month high. Riverbed Technology dropped to a 2 1/2 month low and fell below both its 50 and 200-day moving averages.
Click here to receive FREE breaking news email alerts for Riverbed Technology, Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com