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Earnings Preview: What To Expect From Barracuda Networks On Monday

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Barracuda Networks is scheduled to report earnings after Monday's close. Barracuda Networks is one of the first cyber security stocks to report earnings. Barracuda's stock hit a record high of $46.78/share in 2015 and is trading near $23/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting:

Earnings Preview: Jan-March 2017

Barracuda Networks is expected to earn $0.15/share on $88.69 million in revenue. Meanwhile, the so-called Whisper number is $0.18. The Whisper number is the Street's unofficial view on earnings.

Company Profile & Various Businesses:

Here is a brief company profile courtesy of Thomson Reuters Eikon:

Barracuda Networks, Inc., incorporated on November 17, 2004, designs and delivers security and data protection solutions. The Company offers cloud-enabled solutions that enable customers to address security threats, manage network performance, and protect and store their data. Its solutions are designed to manage information technology (IT) operations for its customers. Its subscription-based security and data protection solutions are connected to its cloud services, which enable continuous software updates, offsite redundancy and distributed capacity. Its solutions are delivered as cloud-enabled appliances and virtual appliances, as well as cloud-only solutions. Its appliances and virtual appliances leverage its cloud services to deliver hybrid cloud-enabled solutions to its customers. These hybrid solutions enable it to optimize usage of on-premises hardware required while simultaneously leveraging the cloud. Its data protection solutions are designed to backup and archive business-critical data and make such data accessible for purposes, such as compliance, disaster recovery and business intelligence. Its data protection solutions also allow users to access and sign files from Internet-connected devices. Its solutions can be managed centrally in any size or type of deployment through integrated Web interfaces that support configuration, monitoring and reporting.

Competition:

The Company competes with cyber security companies such as: Palo Alto Networks, Juniper, F5 Networks, Intel, IBM, and Fortinet Inc, just to name a few. 

Pay Attention To How The Stock Reacts To The News:

From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news. Remember, always keep your losses small and never argue with the tape.

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