SURPRISE! BARRACUDA SAYS CYBER SECURITY MARKET IS SLOWING $CUDA $PANW $CYBR $FTNT $FEYE $HACK $QLYS
This post was just published on ZYX Buy Change Alert. CUDA is a cyber security firm. After reporting roughly in line earnings, CUDA just had a very disappointing conference call. In a surprise, the company says that the security market it serves is slowing. CUDA guides Q3 EPS $0.07 – $0.08 vs. consensus of $0.10; guides Q3 revenue $79 – $81 million vs. $82 million consensus. Company guides FY16 EPS $0.30 – $0.36 vs. consensus of $0.39; guides FY16 revenue $320 – $323 million vs. consensus of $352 million. Previously stop hit at $22.73 on half the position (1/2). The stock is