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Dot Hill Systems (HILL) Tops Q3 EPS by 5c; Guides In-line

November 5, 2009 4:41 PM EST
HILL Hot Sheet
Revenue Growth %: -28.1%

Financial Fact:
Restructuring charge (recoveries): 601K

Today's EPS Names:
VSNT, CIM, KH, More
Dot Hill Systems Corp. (NASDAQ: HILL) reports a Q3 loss of $0.02, 5 cents better than the analyst estimate of ($0.07). Revenue for the quarter was $63.6 million, which compares to the estimate of $58.50 million.

The company is targeting fourth quarter 2009 net revenue in the range of $62 to $67 million and a net loss per fully diluted share in the range of $0.01 to $0.07 on a non-GAAP basis. (Consensus is $63.00M and a loss of $0.05)

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