Crossroads Systems Reports Fiscal Fourth Quarter and Full Year 2015 Financial Results
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Roth Capital Cuts Price Target on Crossroads Systems (CRDS) Following Mixed 4Q Results
December 15, 2015 8:05 AM ESTRoth Capital maintained a Buy rating on Crossroads Systems (NASDAQ: CRDS), and cut the price target to $2.00 (from $3.00), following the company's 4Q earnings report. CRDS reported revenues of $1.8 million and a GAAP EPS of $0.00 versus Roth's estimates of $2.5 million and $(0.14).
Analyst Krishna Shankar... More
Crossroads Systems (CRDS) Reports Q4 Loss of $0.48
December 14, 2015 4:05 PM ESTCrossroads Systems (NASDAQ: CRDS) reported Q4 EPS of ($0.48), versus ($0.69) reported last year. Revenue for the quarter came in at $1.8 million, versus $2.6 million reported last year.
Richard K. Coleman, Jr., President and CEO at Crossroads Systems, said, "I believe this quarter marks a... More
