Infoblox Inc. (BLOX) reported third quarter non-GAAP EPS of $0.11 after the close Thursday, up from $0.05 in the prior year period. The consensus estimate was for EPS of $0.06. Fourth quarter non-GAAP EPS is expected to be between $0.08 and $0.09. The consensus estimate is for EPS of $0.07.
Infoblox gapped up sharply higher Friday, but traded in a narrow range throughout the session. The stock finished up by 3.19 at $25.19 on strong volume. Infoblox climbed past resistance and set a new high for the year.
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