Crossroads Systems (CRDS) Misses Q3 EPS by 2c
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Crossroads Systems Reports Fiscal Third Quarter 2015 Financial Results
September 2, 2015 4:05 PM EDTAUSTIN, Texas, Sept. 2, 2015 /PRNewswire/ --Â Crossroads Systems, Inc. (NASDAQ: CRDS), a global provider of data storage solutions, reported financial results for its fiscal third quarter ended July 31, 2015.
Revenue for fiscal Q3 2015 was $2.1 million, consistent with the same quarter a year ago. Gross profit for fiscal Q3 2015 was $1.6 million, or 74 percent of total revenue, compared to $1.7 million, or 79 percent of total revenue in the same quarter a year ago. The decrease is due to a change in the mix of... More
