QLogic Corp (QLGC) Tops Q4 EPS by 2c

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QLogic Reports Fourth Quarter and Fiscal Year 2015 Results

April 30, 2015 4:15 PM EDT

Annual revenue grows 13%; Non-GAAP EPS up 17%

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- QLogic Corp. (Nasdaq: QLGC), a leading supplier of high performance network infrastructure solutions, today announced its financial results for the fourth quarter and fiscal year ended March 29, 2015.

Fourth Quarter Highlights

Net revenue: $133.0 million GAAP net income: $11.1 million or $0.13 per diluted share Non-GAAP net income: $24.9 million or $0.28 per diluted share... More