NEW YORK (TheStreet) --Barracuda Networks (CUDA) posted fiscal 2017 second-quarter earnings results after Tuesday's close, beating analysts' expectations. The computer security and data storage company posted earnings of 21 cents per share and $87.9 billion in revenue. Analysts' had been looking for earnings of 13 cents per share and $85.3 billion in revenue.
"It was a good quarter for us and in large part on the top-line. We had strength in our email security offerings, delivered through the cloud and our network and application security solutions that come through the cloud too," Barracuda CEO BJ Jenkins said during an interview on CNBC's "Squawk Box" Wednesday morning.
The cloud was the central theme Jenkins discussed, describing the company's "three-year journey" with cloud technology as being something done "with our customers."
"It's a fast-growing part of our business, we announced our cloud e-mail security package for Office 365 just six months ago," Jenkins added. In those six months, he says that Barracuda has added 1,000 customers, 300 of which were new to the company, demonstrating the impact the cloud business is having.
"It is having an impact on our top line and we think that's going to accelerate going forward," Jenkins said.
Shares of Barracuda Networks were climbing by 13.33% to $26.44