Dot Hill Systems Corp. (HILL) Tops Q1 EPS by 1c; Guides Q2 EPS, Revs
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Dot Hill Reports First Quarter 2014 Results
May 8, 2014 9:01 AM EDTLONGMONT, Colo., May 8, 2014 (GLOBE NEWSWIRE) -- Dot Hill Systems Corp. (Nasdaq: HILL) reported financial results for the first quarter ended March 31, 2014.
Financial Highlights:
Grew non-GAAP revenue by 9% year-over-year Grew Vertical Markets non-GAAP revenue 18% sequentially and 59% year-over-year Achieved non-GAAP gross margin of 33.1%, up from 31.7% in the fourth quarter of 2013 and 32.1% in the first quarter of 2013 Delivered non-GAAP earnings per fully diluted share of $0.02, compared to $0.07 in the fourth quarter 2013 and $0.00 in the first quarter of 2013"We are confident in our 2014... More
