Riverbed Technology (RVBD) issued guidance for the first-quarter of 2012 that had the stock plunging 18.48% to $24.59, down $5.53, as estimated revenue in the range of $183 million to $187 million is beneath the analyst consensus of $197.1 million. Q1 2012 earnings per share projections of $0.21 from the company guidance were also below analyst expectations of $0.25. Year to date, Riverbed Technologies is up over 27%.
Thanks
prudentinvstr 1 month ago