Riverbed powers to 27% sales growth

WAN optimisation specialist Riverbed has wrapped up its 24th consecutive quarter of year-on-year revenue growth after sales soared 27% to $112.4m during its first quarter, which closed at the end of March. GAAP net income rose a more modest 10% to $1.1m during the quarter. EMEA sales rose 2

WAN optimisation specialist Riverbed has wrapped up its 24th consecutive quarter of year-on-year revenue growth after sales soared 27% to $112.4m during its first quarter, which closed at the end of March.

GAAP net income rose a more modest 10% to $1.1m during the quarter.

EMEA sales rose 29%, accounting for 28% of total revenue, with northern Europe and the UK proving particularly strong, according to Riverbed CFO Randy Gottfried.

President and CEO Jerry Kennelly said: "WAN optimisation continues to be a spending priority as organisations consolidate and virtualise their IT infrastructure, while maintaining a focus on cost efficiency."


MicroScope+

Content

Find more MicroScope+ content and other member only offers, here.

Read more on Network Infrastructure Solutions and Services

Start the conversation

Send me notifications when other members comment.

By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

Please create a username to comment.

-ADS BY GOOGLE

ComputerWeekly

SearchITChannel

Close