Barracuda Networks, Inc.
Chart in Focus: Symantec’s Leadership in the Secure Web Gateway Space
According to MarketsandMarkets, the global SWG market is expected to grow at a CAGR of 20.5% to $5.6 billion by 2020, up from $2.2 billion in 2015.
Petya’s Role in the Recent Cybersecurity Stock Surge
Several prominent cybersecurity stocks rose on Wednesday, June 28, following the Petya ransomware attack.
What Analysts Are Recommending for Cisco Stock
In the past month, CSCO stock has fallen ~7.5%. However, in the last year, the stock has risen ~8.9%.
What Analysts Are Recommending for FireEye Stock
Of the 29 analyst recommendations for FireEye stock, there is only one “sell” recommendation. More than 65.0% are recommending a “hold” for the stock.
Where Does Cisco Stand in the Cybersecurity Space?
On January 30, 2017, Cisco was the largest global player in the security space by market capitalization.
How Did Palo Alto Networks’ Deferred Revenues Rise 70% in 1Q16?
Deferred revenue rose 71% on year-over-year basis to $804.5 million while billings rose 61% to $388 million.
Symantec’s Fiscal 2Q16 Results in Line with Analyst Expectations
On November 5, Symantec announced its fiscal 2Q16 results. The company posted $1.5 billion in revenue and non-GAAP earnings per share of $0.44.
FireEye’s 3Q15 Results Show Slow Growth
FireEye’s $165.6 million in revenues failed to meet analyst expectations by $1.5 million in 3Q15.
How Barracuda Quoted Below Its Benchmark—but Remained Attractive
On September 29, 2015, Barracuda showed a decline of -7.25% in the trailing twelve-month period and decline of -11.33% in the trailing one-month period.
HACK’s Late September 2015 Holdings and Performance
On Tuesday, September 29, 2015, HACK closed at $25.19 with a negative return of -1.10%, generating a loss of 5.73% for the week.
All Eyes on Intronis: Inside Barracuda Networks’ Acquisition Announcement All Eyes on Intronis
Barracuda Networks announced that its intentions to acquire Intronis, a leading provider of data protection solutions to MSPs.
Cybersecurity Sector Performance Remained Below Average
The System Software segment of the PureFunds ISE Cyber Security ETF (HACK), which constitutes around 33% of the ETF’s total holdings, generated a profit of 2.24% for the week ending September 19.
Infoblox Stock Remained below the Moving Averages
Infoblox (BLOX) has generated returns of 28.64% in the trailing 12 months (or TTM) and -20.49% in the trailing one-month period.
Rumors Strong about Sale of HP’s TippingPoint
HP is considering the sale of its TippingPoint business. Some private equity firms have shown interest in TippingPoint, valuing the business in the range of $200–$300 million.
Does It Make Sense to Invest in Symantec?
After selling Veritas, Symantec will likely reorganize its business to invest funds in the rapidly growing segments in the cybersecurity space.
Will Symantec benefit from growth in integrated backup appliance space?
The integrated backup appliance market grew three times the rate of the target PBBA in 2013.
How Symantec continues to post good growth in PBBA space
Among all the leading players in the PBBA space, Symantec has recorded the highest revenue growth of 50% on a year-over-year basis.
Why growth in PBBA market is positive news for Symantec
The PBBA market contribution accounts for approximately 18% of Symantec’s Information Management revenues.
Symantec launches NetBackup 5330 appliance
Netbackup 5330 provides backup, data recovery, and data replication that are two times, three times, and 4.8 times faster, respectively, than predecessors’.
Must-know: Why growth in the backup business is saving Symantec
Information management, which Backup Appliances forms an important part of, is the second most important operating segment that contributes to the consolidated revenues after user productivity and protection.