Brocade Q3 revenues up 2% to USD 545 million

Friday 22 August 2014 | 08:56 CET | News
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Networking virtualisation and data storage provider Brocade reported third-quarter revenues of USD 545 million, up 2 percent on its results of a year earlier and the previous quarter. EPS for the three months to July was USD 0.20, down from USD 0.26 per share in the third quarter of 2013 and up from a loss per share of USD 0.03 in the second quarter. CEO Lloyd Carney welcomed the solid results, attributing growth to the company's data centre focused strategy. "The resilience and durability of our SAN business, along with strong Brocade VDX sales, validate our strategic direction," he said.

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Categories: Fixed
Companies: Brocade
Countries: World
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