Brocade (BRCD) Sees Q4 GM of 56%-57%
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Brocade (BRCD) PT, Est. Raised at BMO Capital on Solid Q3, Conservative Guidance
August 22, 2014 7:24 AM EDTBMO Capital analyst Keith Bachman reiterated a Market Perform rating but bumped his price target on Brocade (NASDAQ: BRCD) to $11.00 (from $10.00) following solid Q3 results and likely conservative guidance.
Bachman comments, "We believe the October-quarter guide looks conservative on revenues and cash flows.... More
Brocade Communications (BRCD) Tops Q3 EPS by 4c
August 21, 2014 4:08 PM EDTBrocade Communications (NASDAQ: BRCD) reported Q3 EPS of $0.23, $0.04 better than the analyst estimate of $0.19. Revenue for the quarter came in at $545 million versus the consensus estimate of $534.71 million.
With another solid quarter behind us, we are seeing the tangible benefits of our data center... More
