Last $18.99 USD
Change Today -0.10 / -0.52%
Volume 1.6M
RVBD On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

riverbed technology inc (RVBD) Snapshot

Open
$19.19
Previous Close
$19.09
Day High
$19.25
Day Low
$18.96
52 Week High
02/28/14 - $22.76
52 Week Low
11/1/13 - $14.84
Market Cap
2.9B
Average Volume 10 Days
1.3M
EPS TTM
$0.22
Shares Outstanding
155.1M
EX-Date
--
P/E TM
85.9x
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 enables organizations to embrace location-independent computing through the Riverbed Application Performance Platform, a set of integrated solutions that enable companies to host applications and data in the locations, which serve the business while ensuring the flawless delivery of those applications. The company has two product lines: The Application Acceleration product line, which includes wide area network (WAN) optimization products consisting of SteelHead and SteelFusion, SteelApp virtual application delivery controllers, and SteelStore cloud storage delivery products; and the Performance Management product line that comprises the SteelCentral performance management and control suite. 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 Delivers New Microsoft Azure Certified Solution to Improve Application Performance

Riverbed Technology announced another product from the Riverbed Application Performance Platform is now Microsoft Azure Certified. Now, customers can deploy Microsoft Azure Certified Riverbed SteelApp Traffic Manager, Riverbed's virtual application delivery controller (ADC). SteelApp Traffic Manager joins the Microsoft Azure Certified Riverbed SteelHead, for cloud-based WAN optimization, announced in July. These products are part of the Riverbed Application Performance Platform, Riverbed's set of solutions that enable customers to analyze, diagnose and resolve application, network and end-user performance issues anywhere across the hybrid enterprise. As enterprises continue to move toward a hybrid model, they face a range of new performance challenges, including architectural complexity, distribution of resources across private and public data centers and blind spots for support, management and security. Now, by deploying Riverbed SteelApp and SteelHead in Azure, customers can take advantage of the cost-savings and agility of the cloud, while also solving the performance challenges: optimizing and accelerating the delivery of applications from Azure to business locations faster, using less bandwidth, and with greater security; and optimizing, accelerating and customizing web experiences and interactions.

Riverbed Technology, Inc. Reports Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Financial Guidance for the Fourth Quarter of Fiscal Year 2014

Riverbed Technology, Inc. reported unaudited consolidated financial results for the third quarter and nine months ended September 30, 2014. GAAP revenue for the third quarter of 2014, was $276 million, compared to $262 million in the third quarter of 2013, representing 6% year-over-year growth. GAAP net income was $11.5 million, or $0.07 per diluted share, compared to GAAP net income of $3.8 million, or $0.02 per diluted share, in Q3'13. Non-GAAP revenue was $277 million, an increase of 4% compared to $265 million in the third quarter of 2013. Non-GAAP net income was $48.7 million compared to non-GAAP net income of $43.3 million in the third quarter of 2013. Non-GAAP earnings were $0.30 per diluted share compared with $0.26 per diluted share in the third quarter of 2013, representing a 15% increase year-over-year. Operating profit was $19,018,000 against $2,537,000 for the same period of last year. Income before provision for income taxes was $16,245,000 against loss of $2,526,000 for the same period of last year. For the nine months, total revenue was $805,816,000 against $757,772,000 for the same period of last year. Operating profit was $39,803,000 against loss of $18,423,000 for the same period of last year. Income before provision for income taxes was $31,604,000 against loss of $35,759,000 for the same period of last year. Net income was $21,537,000 against loss of $20,813,000 for the same period of last year. Net income per diluted share was $0.13 against loss of $0.13 for the same period of last year. Net cash provided by operating activities was $149,785,000 against $128,389,000 for the same period of last year. Capital expenditures was $43,314,000 against $18,284,000 for the same period of last year. Non-GAAP total revenue was $807,024,000 against $772,343,000 for the same period of last year. Non-GAAP net income was $131,755,000 against $118,472,000 for the same period of last year. Non-GAAP net income per diluted share was $0.80 against $0.70 for the same period of last year. The company provided financial guidance for the fourth quarter of fiscal year 2014. Non-GAAP guidance for the fourth quarter, which assumes the partial quarter impact of the restructuring, is expected to be: revenue in the range of $285 million to $290 million, up flat to 2% compared with the same period last year; gross margin is expected to be in the range of 78.5% to 79.5%; operating margins of between 25.5% and 26.5%; and expects earnings per share to be between $0.31 and $0.33 based on the tax rate in the mid-20% range and diluted share count of 163 million shares.

Riverbed Technology, Inc. Revises Earnings Guidance for the Third Quarter of Fiscal Year 2014

Riverbed Technology, Inc. revised earnings Guidance for the third quarter of fiscal year 2014. For the period, the company expects non-GAAP revenue to be in the range of $276 million to $277 million, compared to the company's previous guidance of $285 million to $291 million. The revised guidance primarily reflects lower than expected growth in the company's WAN Optimization and virtual ADC businesses. The company narrowed its non-GAAP earnings guidance to a range of $0.30 to $0.31 per diluted share, compared with the company's prior guidance range of $0.30 to $0.32 per diluted share.

 

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RVBD

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Valuation RVBD Industry Range
Price/Earnings 100.0x
Price/Sales 2.8x
Price/Book 3.9x
Price/Cash Flow 101.9x
TEV/Sales 2.0x
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