Xyratex (XRTX) Tanks After Company Blows Q3

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Go back to Xyratex (XRTX) Tanks After Company Blows Q3

Xyratex, Ltd. (XRTX) Misses Q3 EPS by 7c; Sees Potential Q4 Loss

October 2, 2012 4:07 PM EDT

Xyratex, Ltd. (NASDAQ: XRTX) reported Q3 EPS of $0.37, $0.07 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $275.7 million versus the consensus estimate of $316.33 million.

Xyratex, Ltd. sees Q4 2012 EPS of $-0.15-0.43, versus the consensus of $0.49. Xyratex, Ltd.... More