QLogic Corp (QLGC) Tops Q1 EPS by 4c

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QLogic Reports First Quarter Results for Fiscal 2017

July 26, 2016 4:15 PM EDT

Q1 net revenue of $116.4 million Q1 operating margin of 12.9% GAAP; 23.5% non-GAAP Q1 diluted EPS of $0.22 GAAP; $0.29 non-GAAP Cash and marketable securities: $365.3 million as of July 3, 2016 On June 15, 2016, QLogic entered into a merger agreement with Cavium, Inc. (Cavium)

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- QLogic Corp. (Nasdaq:... More