Fusion-io (FIO) Active into Q2 Results
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Fusion-io (NYSE: FIO) shares are active into the close Wednesday. The company is expected to report second-quarter 2013 results after the close today.
The Street is currently looking for Fusion-io to produce EPS of 8 cents per share on revs of $119.92 million. The number compares with EPS of 5 cents on revs of $84.1 million reported in the same period last year.
Investors might be getting a little nervous given recent results from EMC Corp (NYSE: EMC), as well as overall weakness in names like Dell (Nasdaq: DELL) and Hewlett-Packard (NYSE: HPQ).
Shares of Fusion-io are up 1.4 percent late and volume is about three-times the normal daily average.
The Street is currently looking for Fusion-io to produce EPS of 8 cents per share on revs of $119.92 million. The number compares with EPS of 5 cents on revs of $84.1 million reported in the same period last year.
Investors might be getting a little nervous given recent results from EMC Corp (NYSE: EMC), as well as overall weakness in names like Dell (Nasdaq: DELL) and Hewlett-Packard (NYSE: HPQ).
Shares of Fusion-io are up 1.4 percent late and volume is about three-times the normal daily average.
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