Riverbed Technology Plunges on Q1 Miss

By: Benzinga
Riverbed Technology (NASDAQ: RVBD ) released its fiscal first-quarter earnings results on Monday after the closing bell. In late trading, the stock was down more than 10 percent to $13.30 after Riverbed missed consensus estimates. The company reported a net loss for the first-quarter of $8.1 million or $0.05
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