Storage networking vendor Brocade announced record half billion dollar plus revenues for its second fiscal 2009 quarter but nonetheless made a $63.1m loss. Analyst revenue expectations were comfortably exceeded. Revenues were $506.3m, up 43 per cent on the year-ago quarter, which is very gratifying, and 17 per cent higher than …
Kudos to the accountants then, who managed to turn a potential tax burden into another tax writeoff. Well done.
New Virtual Vending Stream Needed ....... and CyberIntelAIgently Fed for MediaViral Banqueting .....
.....in Digital Fests/Binary Worlds of Real Make Believe .....for the Creatively Gifted with Magical Tools/Simple Plain Text and Complicating Juicy Lucy Words .... Scarlett Prose for Pimpernels ... which is always Short Sold to Harvest and Sow Flash Cash and Slush and Slashed Funding.
Phew, Crikey, I digress, and would appear to have wandered off on a Parallel. No matter, no worries, for all needs to do in such manic cases is to jump right back to what one was doing. :-)
"Storage networking vendor Brocade announced record half billion dollar plus revenues for its second fiscal 2009 quarter but nonetheless made a $63.1m loss."
That is a statement of an Epic Fail with Brocade unable to network customer stores/stock/IP, is it not?
so they made a slight loss, due to the acquisition and costs associated, but once you peel back the onion, it looks great.
EMC and NetApps down, Brocade flat. Cisco suffering, Brocade not.
What does that say about Brocade's prior few months? Strong strong strong.
Now, looking at the Foundry acquisition now rebranded and OEM'd to IBM, it's game on with Cisco. May the best plumbing vendor win!
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