Blue Coat Systems (BCSI) reported second quarter EPS of $0.29 after the bell Tuesday, which topped the consensus estimate of $0.26. The company expects to report third quarter EPS of $0.31 to $0.36, compared to the consensus estimate of $0.31. The stock is now up 0.38 on 44K shares.
Blue Coat Systems declined until around midday Tuesday, but recovered some ground late in the afternoon. The stock finished down by 0.43 at $25.67.
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