Riverbed Q4 on target

Most of the company's growth came from wide area network optimization tools in 2012. Performance management software is the fastest growing product line.

Riverbed reported fourth quarter earnings of $5 million, or 3 cents a share, on revenue of $237 million, up 17 percent from a year ago. Non-GAAP earnings in the fourth quarter were 29 cents a share.

Wall Street was looking for earnings of 29 cents a share on revenue of $234.96 million in the fourth quarter.

For the year, Riverbed reported earnings of $55 million, or 33 cents a share, on revenue of $837 million, up 15 percent from 2011.

Riverbed's results included $6 million in revenue from the acquisition of Opnet Technologies . That purchase closed Dec. 18.

CEO Jerry Kennelly said in a statement that most of the company's growth came from wide area network optimization tools in 2012. Performance management software is the fastest growing product line.

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