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Technology Stocks : Blue Coat Inc.

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From: Glenn Petersen	11/25/2008 8:17:36 PM
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BCSI beats expectations for the second quarter but lowers its guidance for the third quarter: In-Play: 4:06PM Blue Coat beats by $0.10, beats on revs; guides Q3 EPS below consensus, revs below consensus (BCSI) 9.11 unch : Reports Q2 (Oct) earnings of $0.27 per share, $0.10 better than the First Call consensus of $0.17; revenues rose 62.1% year/year to $119 mln vs the $115.8 mln consensus. Co issues downside guidance for Q3, sees EPS of $0.12-0.20 vs. $0.26 consensus; sees Q3 revs of $106-112 mln vs. $120.15 mln consensus. The company's press release: biz.yahoo.com

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