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Infloblox (BLOX) Stock Lower, Warns of Q3 Revenue Miss

NEW YORK (TheStreet) -- Infoblox (BLOX - Get Report) stock is sliding 0.64% to $15.42 in early-afternoon trading on Tuesday after warning that 2016 third quarter revenue will likely fall short of analysts' estimates.

After yesterday's market close, the Santa Clara, CA-based networking technology vendor said that it expects revenue to range between $81 million and $82 million, down from its previous forecast for revenue between $91 million and $93 million.

Analysts are looking for revenue of $92 million for the quarter.

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