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Xyratex Ltd. (XRTX) Posts Q1 Miss; Guides Q2 Below Street

March 31, 2011 4:08 PM EDT
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Price: $2.17 -0.91%

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Xyratex Ltd. (NASDAQ: XRTX) reported Q1 EPS of $0.24, $0.03 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $360.5 million versus the consensus estimate of $374.86 million.

Sees Q2 2011 EPS of $(0.12)-$0.06, versus the consensus of $0.28. Sees Q2 2011 revenue of $320-$365 million, versus the consensus of $384.5 million.


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