UPDATE: Infoblox Issues Downbeat 2013 Earnings Forecast

Infoblox

issued downbeat earnings forecast for the full year. Infoblox expects 2013 earnings of $0.04 to $0.07 per share on revenue of $195 to $202 million. However, analysts were projecting earnings of $0.11 per share on revenue of $194.8 million. Infoblox shares dipped 12.78% to $20.40 in after-hours trading.