Infoblox’s Stock Drops 36.84% After Its Earnings And Forecast Disappoint

 Shares of Infoblox fell sharply today, to the tune of 36.84%. The networking company reported disappointing earnings after the bell yesterday, along with the coming departure of of its CEO. How bad were the earnings? The company reported $61 million in revenue for its fiscal third quarter (2014), up a mere 5% on a year-over-year basis. The company lost $7.4 million the period on a GAAP basis,… Read More