Brocade Announces Fourth Quarter and Fiscal Year 2015 Results

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JPMorgan Downgrades Brocade (BRCD) to Neutral

November 24, 2015 7:06 AM EST

JPMorgan downgraded Brocade (NASDAQ: BRCD) from Overweight to Neutral with a price target of $9.00 (from $14.00).

For an analyst ratings summary and ratings history on Brocade click here. For more ratings news on Brocade click here.

Shares of Brocade closed at $10.09 yesterday.

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Brocade Communications (BRCD) Guides Q1 EPS, Revenue Below Expectations

November 23, 2015 4:12 PM EST

Brocade Communications (NASDAQ: BRCD) sees Q1 adjusted EPS of $0.23 - $0.25 and revenue of $550 - $570 million, with Street estimates calling for Q1 EPS of $0.27 and revenue of $581.9 million.

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Brocade Communications (BRCD) Declares $0.045 Quarterly Dividend; 1.8% Yield

November 23, 2015 4:06 PM EST

Brocade Communications (NASDAQ: BRCD) declared a quarterly dividend of $0.045 per share, or $0.18 annualized.

The dividend will be payable on January 4, 2016, to stockholders of record on December 10, 2015, with an ex-dividend date of December 8, 2015.

The annual yield on the dividend is 1.8 percent.

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Brocade Communications (BRCD) Tops Q4 EPS by 2c

November 23, 2015 4:05 PM EST

Brocade Communications (NASDAQ: BRCD) reported Q4 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $494.7 million versus the consensus estimate of $575.56 million.

For earnings history and earnings-related data on Brocade Communications (BRCD) click here.

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