Read as much as you want on, anywhere and anytime, for just 99¢.

Riverbed Technology soundly beats estimates

Continue reading below

Shares of the network equipment maker jumped after it reported third-quarter results that soundly beat analyst expectations. Riverbed reported a per-share profit of 28 cents, 3 cents better than expected and up 17 percent from the year-earlier quarter. Revenue rose 15 percent to $218.6 million. The company is moving into newer areas including cloud-based computing.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of