Infoblox Q1 Loss Widens - Quick Facts

(RTTNews) - Infoblox Inc. (BLOX) Tuesday said first-quarter loss widened to $2.5 million from $2.4 million in the comparable quarter last year. On a per-share basis, loss was $0.05 per share, flat with last year.

Adjusted earnings for the quarter was $7.1 million or $0.12 per share. On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.09 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $63.5 million, up 28 percent from $49.41 million last year. Analysts expected revenues of $63.50 million.

Looking ahead to the second quarter, the company has forecast adjsuted earnings in the range of $0.09 to $0.11 per share, with revenues ranging between $65 million to $66 million.

Analysts currently expect the company to earn $0.12 per share on second-quarter revenues of $67.04 million.

For the fiscal year 2014, the company continues to project adjusted earnings in the order of $0.44 to $0.54 per share, with revenues ranging between $270 million and $276 million.

Analysts currently expect the company to report full-year earnings of $0.53 per share on revenues of $276.91 million.