Dot Hill Systems Corp. (HILL) Reports In-Line Q2 EPS; Issues Weaker Outlook
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Dot Hill Reports Second Quarter 2014 Results
August 7, 2014 10:36 AM EDTReiterates medium-term annual guidance over the planning horizon:
14% to 18% non-GAAP total revenue growth, 40% to 50% Vertical Markets revenue increase and 8% to 12% operating margin target
LONGMONT, Colo., Aug. 7, 2014 (GLOBE NEWSWIRE) -- Dot Hill Systems Corp. (Nasdaq: HILL), a trusted supplier of innovative enterprise class storage systems, reported financial results for the second quarter ended June 30, 2014.
Financial Highlights:
Grew trailing 12 month as of June 30, 2014 relative to trailing 12 month as of June 30, 2013 non-GAAP revenue by 10%, with Vertical Markets growing 37% over the same... More