Non-GAAP revenue for Q2'12 was $199 million, an increase of 9% compared to $183 million in Q1'12 and an increase of 17% compared to $170 million in Q2'11. Non-GAAP net income for Q2'12 was $37 million, or $0.23 per diluted share, compared to $33 million, or $0.20 per diluted share, in Q1'12 and $35 million, or $0.21 per diluted share in Q2'11.
"We executed well in the second quarter, driving stronger sales of our new Steelhead and Cascade platforms, demonstrating continued demand for performance-improvement technologies," said Jerry M. Kennelly, Riverbed president and CEO. "Revenue grew across all major geographies and revenue growth accelerated across our core product offerings. Looking forward, we believe our expanded product offerings and partnerships will further extend our reach to new customers and market segments."
About Riverbed Technology
Riverbed delivers performance for the globally connected enterprise. With Riverbed, enterprises can successfully and intelligently implement strategic initiatives such as virtualization, consolidation, cloud computing, and disaster recovery without fear of compromising performance. By giving enterprises the platform they need to understand, optimize and consolidate their IT, Riverbed helps enterprises to build a fast, fluid and dynamic IT architecture that aligns with the business needs of the organization. www.riverbed.com
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