Wednesday, August 22, 2007

Brocade Posts Revenue of $327 Million

Brocade posted quarterly revenue of $327.5 million, slightly above the company's preliminary results reported on August 8, 2007. Revenues for the quarter decreased 5% from $345.3 million reported in the preceding quarter and increased 73% from $188.9 million reported in the same period last year.

Reporting on a GAAP basis, net income for the quarter was $10.7 million, or $0.03 per share basic and diluted.

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