BlueCoatSystems shares are trading sharply lower in late trading Tuesday after the company reported weaker-than-expected results for its fiscal first quarter ended July 31.
In another case, according to a report in the Washington Post, technology supplied by BlueCoatSystems Inc. was used to censor and track Internet usage in Syria.
The Telecomix group initially looked into the Syrians' use of BlueCoatsystems in 2011, generating data that was the basis for a Wall Street Journal article that same year.
BlueCoatSystems shares are losing ground Monday morning after Lazard Capital analyst Ryan Hutchinson this morning cut his rating on the WAN optimization software stock to Neutral from Buy.
BlueCoatSystems shares are trading sharply lower this morning after the Web security and wide-area network optimization software company reduced its earnings outlook and disclosed a management shake-up.
BlueCoatSystems shares are trading sharply lower in the after-hours session Thursday after the Web security and wide-area network optimization software company reported disappointing guidance for the July quarter.
BlueCoatSystems Inc. acknowledged in an interview last year that Syrian Internet providers were using its devices to block websites, though the California-based company said it never sold the technology to Syria.
Information about BlueCoat in Syria began to trickle out in August, after a "hacktivist" group called Telecomix managed to gain access to unsecured servers on Syria's Internet systems and found evidence of BlueCoat filtering.