Infoblox Inc. (BLOX) reported a third-quarter net loss of $0.3 million or $0.01 per share, narrower than $1.0 million or $0.07 per share in the previous year period.
Non-GAAP net income was $6.0 million, or $0.11 per share, compared to $2.2 million, or $0.05 per share in the comparable quarter last year.
Total net revenue for the latest third quarter was $58.04 million, up from $43.42 million in the year ago quarter.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.06 per share on revenues of $56.06 million for the third quarter. Analysts' estimates typically exclude special items.
Looking ahead, to the fourth quarter, the company currently expects non-GAAP earnings per share to be $0.08 to $0.09 and total net revenue of $58 million to $59 million. Analysts expect the company to report earnings of $0.07 per share on revenues of $58.26 million for the fourth quarter.
For the fiscal year ending July 31, 2013, the company currently expects net revenue of $220 million to $221 million.
Analysts now expect the company to report revenues of $218.26 million for fiscal 2013.
For comments and feedback: editorial@rttnews.com