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Barracuda Reports Second Quarter Fiscal 2016 Results (Barracuda Networks Inc)

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(Source: Barracuda Networks Inc) CAMPBELL, Calif., Sept. 29, 2015 /PRNewswire/ -- Barracuda Networks, Inc. (NYSE: CUDA), a leading provider of cloud-connected security and storage solutions, today announced results for its second quarter of fiscal 2016, which ended August 31, 2015. Billings & Revenue: For the second quarter of fiscal 2016, gross billings grew to $98.4 million, up from $89.0 million in the second quarter of fiscal 2015. Total revenue increased 14% to $78.4 million, up from $68.7 million in the second quarter of fiscal 2015. Appliance revenue in the second quarter of fiscal 2016 grew to $22.3 million, up from $20.7 million in the second quarter of fiscal 2015, and recurring...

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