Brocade Announces Second Fiscal Quarter 2015 Results
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Brocade (BRCD) Posts Another Storage Miss, BMO Capital Notes; EPS Estimates Lifted Despite Lower Revenues
May 22, 2015 8:17 AM EDTBMO Capital analyst Keith Bachman reiterated a Market Perform rating and $13 price target on Brocade (NASDAQ: BRCD) following Q2 results and another storage miss.
The firm notes BRCD's storage revenue is down 1.4% y/y in the 1HFY15, and is expected to be down 4% y/y at the midpoint in the July quarter. Assuming normal... More
Brocade Communications (BRCD) Reports In-Line Q2 EPS; Issues Light Q3 Revenue Outlook
May 21, 2015 4:04 PM EDTBrocade Communications (NASDAQ: BRCD) reported Q2 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $547 million versus the consensus estimate of $551.33 million.
Brocade Communications sees Q3 2015 EPS of $0.21-$0.23, versus the consensus of $0.22. Brocade Communications sees Q3 2015... More
