ArcSight (ARST) shares are trading sharply lower this morning after Needham analyst Scott Zeller cut his rating on the security software company to Hold from Buy. He notes that ARST is due to report April quarter results on June 10th.
Zeller writes that he finds a number of factors which could [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Symantec (SYMC) reported revenue for its fiscal fourth quarter ended April 2 of $1.535 billion, up 3% from a year ago, and slightly ahead of the Street at $1.52 billion. Non-GAAP EPS was 40 cents, ahead of the consensus at 37 cents.
For Q2, the security software company sees revenue of [...]

Article courtesy of BARRONS.com: Tech Trader Daily

SourceFire (FIRE) this morning is trading sharply lower on Street disappointment with the company’s Q2 outlook.
For Q1, the security software company posted revenue of $25.8 million and adjusted EPS of 7 censt a share, ahead of the Street at $24.7 million and 6 cents.
But for Q2, the company sees revenue [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Websense (WBSN) shares are trading lower on a modest Q1 earnings miss.
For Q1, the security software company reported revenue of $79.8 million and non-GAAP profits of 26 cents a share, short of the Street at $82.6 million and 27 cents.
For Q2, the company sees revenue of $82 million to $84 [...]

Article courtesy of BARRONS.com: Tech Trader Daily