07.09.2015 - Price of Barracuda Networks fell on weak expectations
The company Barracuda Networks reported revenue growth of 18% in the quarter ended in May against the same period last year. Despite this, quotes of the company fell on the background of lower future demand. It should be noted that the cyber security sector continues to be one of the most interesting on the market, but at the same time has a strong level of competition. We expect the decline in stock prices by 10-12% in the medium term.