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.
Blue Coat Systems gapped up at the open Wednesday and has continued to rise sharply. Shares are currently up 2.01 at $27.68. The stock has climbed above a month and a half long range and has set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.