tag:blogger.com,1999:blog-2188044719965093661.post2123273886412399805..comments2023-10-25T11:49:37.158-04:00Comments on Freewilly's Stockpicker Blog ® ™: "Cisco declares a dividend, usually a sign with a large cap tech stock that high growth has ended . So where is the growth in their sector?Freewillyhttp://www.blogger.com/profile/10417175104991814047noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2188044719965093661.post-65974393451721050322011-04-12T22:49:41.221-04:002011-04-12T22:49:41.221-04:00April 12, 2011, 7:05 p.m. EDT
Riverbed shares sp...April 12, 2011, 7:05 p.m. EDT <br /><br />Riverbed shares spike in after-hours trade by Carla Mozee, MarketWatch <br /><br />LOS ANGELES (MarketWatch) — Shares of Riverbed Technology Inc. jumped Tuesday evening after the company issued a quarterly financial outlook that surpassed Wall Street’s projections. <br /><br />Riverbed, which offers “cloud computing” and other IT services, said it now expects first-quarter adjusted earnings of 19 cents to 20 cents a share on revenue of $163 million to $164 million. Analysts surveyed by FactSet Research were looking for earnings of 18 cents a share on revenue of $161 million. Its shares (RVBD 35.20, +4.28, +13.84%) surged 13% to $35.02. <br /><br />FreewillyFreewillyhttps://www.blogger.com/profile/10417175104991814047noreply@blogger.com