Dot Hill Systems (HILL) Reports In-Line Q1 EPS, Offers Q2 Guidance

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Dot Hill Reports First Quarter 2015 Results

May 7, 2015 9:01 AM EDT

Year-over-year non-GAAP total revenue growth of 23% with a 61% increase in Vertical Markets

285% Growth in Year-over-Year non-GAAP Profitability

LONGMONT, Colo., May 7, 2015 (GLOBE NEWSWIRE) -- Dot Hill Systems Corp. (Nasdaq: HILL), a trusted supplier of innovative enterprise class storage systems, reported financial results for the first quarter ended March 31, 2015.

Financial and Operational Highlights:

Grew non-GAAP revenue to $60.3 million or over 23% year-over-year Grew Vertical Markets non-GAAP revenue 61% year-over-year Achieved non-GAAP gross margin of 33.8%, compared to... More