- Though Infoblox (OTCQB:BLOX) beat FQ2 estimates, the company is guiding for FQ3 revenue of $91M-$93M and EPS of $0.05-$0.06, below a consensus of $93.7M and $0.09. Likewise, FY16 (ends July '16) revenue guidance of $370M-$380M is below a $380.1M consensus.
- No explanation is given in the earnings release for the guidance. Product/license revenue rose 36% Y/Y in FQ2 to $51.5M; services revenue rose 22% to $44.5M. GAAP operating expenses rose 15% to $74.6M.
- OTCQB:BLOX -9.4% after hours to $$14.71.
- Infoblox's FQ2 results, earnings release