Last $18.34 USD
Change Today +0.16 / 0.88%
Volume 1.0M
As of 8:10 PM 07/30/14 All times are local (Market data is delayed by at least 15 minutes).

riverbed technology inc (RVBD) Snapshot

Open
$18.30
Previous Close
$18.18
Day High
$18.46
Day Low
$18.21
52 Week High
02/28/14 - $22.76
52 Week Low
10/25/13 - $13.77
Market Cap
2.9B
Average Volume 10 Days
1.5M
EPS TTM
$0.19
Shares Outstanding
160.5M
EX-Date
--
P/E TM
95.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for RIVERBED TECHNOLOGY INC (RVBD)

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riverbed technology inc (RVBD) Details

Riverbed Technology, Inc. provides application performance infrastructure solutions in the United States and internationally. It offers Steelhead products, a suite of WAN optimization products delivered on virtual appliances, software, and public cloud environments. The company’s Steelhead products include the Steelhead Mobile, which provides mobile workers with LAN-like access to corporate files and applications; Virtual Steelhead appliance to extend the WAN optimization; Cloud Steelhead, a solution for public cloud computing environments; Central Management Console that provides centralized configuration, monitoring, and control for deploying and managing Steelhead products across a WAN; and Interceptor appliance, which allows organizations to scale their WAN optimization solutions. It also offers Granite appliances that allow IT to consolidate servers and storage from branch offices to the data center; Stingray product line, which provides virtual application delivery control; and Whitewater, a cloud storage appliance to accelerate, deduplicate, secure, and store backup data sets in the public cloud. In addition, the company offers a performance management suite that provides network performance management solutions, which help organizations to manage, secure, and optimize the availability and performance of global applications; and application performance management solutions that use various technologies to support the analysis of application, network, and server performance under a range of conditions. It serves manufacturing, finance, technology, government, architecture, engineering and construction, professional services, utilities, healthcare and pharmaceuticals, media, and retail industries. The company sells its products through value-added resellers and distributors, service providers, systems integrators, and field sales force. Riverbed Technology, Inc. was founded in 2002 and is headquartered in San Francisco, California.

2,556 Employees
Last Reported Date: 02/14/14
Founded in 2002

riverbed technology inc (RVBD) Top Compensated Officers

Co-Founder, Executive Chairman, Chief Executi...
Total Annual Compensation: $750.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $303.4K
President of Worldwide Field Operations
Total Annual Compensation: $550.0K
Senior Vice President of Corporate & Legal Af...
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2013.

riverbed technology inc (RVBD) Key Developments

Riverbed Technology, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter of 2014

Riverbed Technology, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. GAAP revenue for the quarter was $264 million, compared to $250 million in the second quarter of 2013, representing 6% year-over-year growth. Operating profit was $12.5 million against operating loss of $10.2 million reported last year. Income before provision for income taxes was $9.75 million against loss before provision for income taxes of $16.1 million reported last year. GAAP net income was $6.8 million, or $0.04 per diluted share, compared to a net loss of $16.5 million, or $0.10 per diluted share reported last year. Non-GAAP Total revenue was $264.4 million against $254.8 million reported last year. Non-GAAP net income was $42.6 million or $0.26 per diluted share compared to non-GAAP net income of $36.6 million or $0.22 per diluted share reported last year. The company generated $37 million in cash from operations. Capital expenditure was $16 million. For the six months, the company reported net income of $10.05 million or $0.06 per diluted share on total revenue of $529.4 million compared to net loss of $24.6 million or $0.15 per diluted share on total revenue of $496.05 million reported in the same period last year. Operating profit was $20.8 million against operating loss of $21 million reported last year. Income before provision for income taxes was $15.4 million against loss before provision for income taxes of $33.2 million reported last year. Net cash provided by operating activities was $82.1 million against $80.6 million reported last year. Capital expenditure was $31.2 million against $12.6 million reported last year. Non-GAAP Total revenue was $530.3 million against $507.4 million reported last year. Non-GAAP net income was $83.0 million or $0.50 per diluted share compared to non-GAAP net income of $75.2 million or $0.45 per diluted share reported last year. For the third quarter of 2014, the company expects non-GAAP revenues in the range of $285 to $291 million. Non-GAAP earnings per share is expected to be in the range of $0.30 to $0.32 per share based on the tax rates in the mid-20% range and a diluted share count of 165 million. Gross margin is expected to be between 78.5% and 79.5% and operating margin of approximately 25%.

Riverbed SteelCentral Enables Allianz to Cut Server Response Times in Half with End-to-End Visibility into Application and Network Performance

Riverbed Technology announced that Allianz has deployed Riverbed(R) SteelCentral(TM) performance management solutions in its Turkey location to better analyze, diagnose and resolve performance issues in its corporate network, customer-facing applications and web interactions with customers. As a result of the SteelCentral deployment, Allianz Turkey has decreased its page load times by 51%, improved productivity and enhanced the customer experience.

Riverbed Technology, Inc. Revises Earnings Guidance for the Second Quarter Ended June 30, 2014

Riverbed Technology, Inc. provided preliminary earnings guidance for the second quarter ended June 30, 2014. Non-GAAP revenue for second quarter of 2014 is now expected to be in the range of $264 million to $265 million, compared to the company's previous guidance of $274 million to $280 million. Second quarter of 2014 non-GAAP earnings is expected to be at the low end of the company's previous guidance of $0.26 to $0.28 per diluted share.

 

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RVBD

Industry Average

Valuation RVBD Industry Range
Price/Earnings 100.0x
Price/Sales 2.7x
Price/Book 3.5x
Price/Cash Flow 131.1x
TEV/Sales 1.8x
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