Xyratex (XRTX) Reports Solid Q3 Results; Guides Q4

September 29, 2010 4:11 PM EDT
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Xyratex (Nasdaq: XRTX) reports Q3 EPS of $1.20, ex-items, 20 cents better than the analyst estimate of $1.00. Revenue for the quarter was $430.2 million, which compares to the estimate of $408.04 million.

Sees Q4 adj-EPS of 60-86c on sales of $395-$445 million. The Street is currently looking for quarterly EPS of 86c on sales of $409.99 million.

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