Blue Coat Systems shares are trading sharply lower this morning after the Websecurityand wide-area network optimization software company reduced its earnings outlook and disclosed a management shake-up.
Blue Coat Systems shares are trading sharply lower in the after-hours session Thursday after the Websecurityand wide-area network optimization software company reported disappointing guidance for the July quarter.
This is a key buying criterion for customers of hosted security suites who are looking for better visibility and policy management across their network through a Web-based portal.