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Technology Stocks : Blue Coat Inc.

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From: Glenn Petersen	6/3/2009 12:44:17 AM
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InPlay 4:07PM Blue Coat misses by $0.02, reports revs in-line; guides Q1 EPS above consensus, revs above consensus (BCSI) 15.65 +0.22 : Reports Q4 (Apr) earnings of $0.19 per share, excluding non-recurring items, $0.02 worse than the First Call consensus of $0.21; revenues rose 28.8% year/year to $113.6 mln vs the $114.3 mln consensus. Co issues upside guidance for Q1, sees EPS of $0.20-0.25, excluding non-recurring items, vs. $0.21 consensus; sees Q1 revs of $114-119 mln vs. $115.60 mln consensus. "Looking back on the year, I believe we had a strong fiscal 2009. In a fairly short period of time, Blue Coat has evolved to be a leader in WAN optimization and extended its leadership position in the secure Web gateway market." Company press release

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