network

Riverbed Technology, Inc. (RVBD) Reports Better Than Expected Second Quarter Results

Riverbed Technology, Inc. (RVBD), a leading provider of wide-area data services (WDS) to companies that utilize wide-area networks (WAN), reported better than expected second quarter results yesterday after the close. Revenues increased 51% year-over-year to $81.6 million vs. analysts’ estimates of $77.0 million. The bottom line swung to a loss of $869,000 vs.

Stock Symbol: RVBD Riverbed Technolo Stock Price: $8.88 Todays Change: -0.51 (-5.43%)

3Com Corp. (COMS) Awarded $70 Million in Patent Infringement Settlement

3Com Corp. (Nasdaq: COMS) provides secure, converged voice and data networking solutions. The company announced an agreement with Realtek Group that puts an end to a lengthy patent dispute between the companies and put millions of dollars back in the bank for 3Com.

Stock Symbol: COMS 3Com Corporation Stock Price: $1.96 Todays Change: -0.05 (-2.49%)