Brocade Communications (BRCD) Reports In-Line Q2 EPS
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UBS Cuts PT on Brocade (BRCD) to $9.45; Adjusts Ests on Revenue Growth Expectations
May 23, 2014 11:44 AM EDTUBS is lowering its price target on Brocade Communications Systems (Nasdaq: BRCD) from $10 down to $9.45 following Q1 results issued Thursday night. The firm maintains Brocade at Neutral.
Analyst Amitabh Passi commented, SAN product revs grew 1% y/y (+2% y/y adj for... More
Brocade Communications (BRCD) Initiates, Declares $0.035 Quarterly Dividend; 1.6% Yield
May 22, 2014 4:12 PM EDTBrocade Communications Systems, Inc. (NASDAQ: BRCD) initiated and declared a quarterly dividend of $0.035 per share, or $0.14 annualized.
The dividend will be payable on July 2, 2014, to stockholders of record on June 10, 2014, with an ex-dividend date of June 6, 2014.
The annual yield on the... More
