UBS Cuts Price Target on Brocade Communications (BRCD) to $7.50; Reiterates Sell
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- S&P 500, Dow set for higher open with focus on Mideast developments
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
- Oil falls to two-week low as Gulf supply outlook improves
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Brocade Reports Fiscal Q2 2016 Results
May 19, 2016 5:30 PM EDTSAN JOSE, CA -- (Marketwired) -- 05/19/16 -- Brocade (NASDAQ: BRCD) today reported financial results for its second fiscal quarter ended April 30, 2016. Brocade reported second quarter revenue of $523 million, down 4% year-over-year and down 9% quarter-over-quarter. The Company reported GAAP diluted earnings per share (EPS) of $0.11, down from $0.18 in Q2 2015 and down from $0.23 in Q1 2016. Non-GAAP diluted EPS was $0.22 for Q2 2016, flat year-over-year and down from $0.29 in Q1 2016.
"Despite the challenging environment for both SAN and IP networking, Brocade had a productive second fiscal quarter," said Lloyd... More
Brocade Announces Second Quarter Fiscal Year 2016 Results
May 19, 2016 4:00 PM EDTSAN JOSE, CA -- (Marketwired) -- 05/19/16 -- Brocade (NASDAQ: BRCD) reported its financial results for its second quarter fiscal year 2016 today following the close of the market. The earnings announcement and prepared materials for the related conference call are available on the Brocade Investor Relations website at... More
