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Blue Coat Shares Rose 4.1% After Posting Better-Than-Expected Results (NASDAQ:BCSI)Nov 25, 2009 (SmarTrend(R) News Watch via COMTEX) -- 11/25/2009 - Blue Coat Systems Inc. (NASDAQ:BCSI) shares rose 4.1% after the company reported better-than-expected fiscal Q2 results and issued Q3 guidance, according to an AP report. Blue coat reported adjusted earnings of 29 cents per share, topping the consensus estimates of 26 cents per share, and revenues of $120.4 million, ahead of the consensus estimates of $120.1 million. The company expects Q3 EPS of 31 cents to 36 cents, vs. the consensus estimates of 30 cents, and revenues of $121 million to $126 million, vs. the consensus estimates of $125 million. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html [ Back To TMCnet.com's Homepage ] |
