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Brocade Communications Systems


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Switch maker beats expectations

BROCADE Communications Systems has reported a profit that beat analysts' estimates after an acquisition boosted its services unit.

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Storage boom drives strong Brocade results

Brocade Communications Systems rode a boom in networked storage to double-digit revenue growth and earnings that beat analysts' expectations in its fiscal third quarter. The company, which sells storage networking gear under its own name and big-name brands including EMC and IBM, on Wednesday reported revenue of $365.7 million for the three months ended July 26. That was up nearly 12 percent from...

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Brocade profit beats estimates, shares rise

Brocade Communications Systems Inc. posted a higher-than-expected quarterly profit on strong sales of its data-storage network equipment, sending its shares up 2.6 percent.

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Brocade rises after fiscal 3Q profit tops Street

Brocade Communications Systems Inc. shares rose Wednesday after the networking equipment maker reported fiscal third-quarter nearly doubled to beat analyst estimates.

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Brocade Q3 profit nearly doubles

Bolstered by strong sales of data-storage network equipment and services, Brocade Communications Systems Inc. on Wednesday reported third quarter net income of $20.3 million, or 5 cents a share, up from $10.7 million, or 3 cents a share in the same period last year.San Jose-based Brocade (NASDAQ:BRCD) had revenue of $365.7 million, compared to the year-ago quarter's $327.5 million.Excluding items,...

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UPDATE 1-Brocade profit doubles, rev beats estimates

NEW YORK, Aug 13 (Reuters) - Brocade Communications Systems Inc posted higher-than-expected profit and revenue on strong sales of its data-storage network equipment and services.

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Next Inning Technology Previews Earnings for Applied Materials, Brocade Communications Systems, Cree, and Nvidia

PRINCETON, N.J., Aug. 12 /PRNewswire/ -- Next Inning Technology Research (), a subscription service focused on semiconductor and technology stocks, announced it has updated outlooks for Applied Materials (Nasdaq: ), Brocade Communications Systems (Nasdaq: BRCD), Cree (Nasdaq: ) and Nvidia (Nasdaq: ). Ahead of the Cisco earnings report, Next Inning editor in chief, Paul McWilliams, advised his readers...

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StoredIQ Appoints Former CEO of McData Corporation to Board of Directors

AUSTIN, Texas--(BUSINESS WIRE)--StoredIQ, Inc., a leading provider of enterprise-class intelligent information management and eDiscovery solutions, today announced that it has expanded its

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Brocade's Corporate Development Chief: Networking Co. Can Compete with Anyone

Tech Confidential submits: Shortly after T.J. Grewal took the role of vice president of corporate development at Brocade Communications Systems Inc. (BRCD) in August 2004, the storage technology company struck what was at that time its biggest acquisition -- the $713 million acquisition of smaller rival McData Corp. It was trial by fire for the 41-year-old Grewal, a former tech consultant with McKinsey...

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Brocade's corpdev chief says networking company can compete with anyone

Shortly after T.J. Grewal took the role of vice president of corporate development at Brocade Communications Systems Inc. [BRCD] in August 2004, the storage technology company struck what was...

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Silver Peak Systems: Silver Peak Receives Brocade Data Center Ready Status for Storage Networking Compatibility

SANTA CLARA, CA (MARKET WIRE) Silver Peak Systems (www.silver-peak.com), the leading provider of scalable Wide Area Network (WAN) acceleration solutions, today announced that the company's NX appliances have been verified by Brocade Communications Systems Inc. for compatibility with Brocade-based Storage Area Networking (SAN) infrastructure, according to the testing requirements of the Brocade Data...

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Brocade: If you can't join them, beat them

These days networking gear maker Brocade Communications Systems Inc. [BRCD] is focused on its $3 billion acquisition of Foundry Networks Inc. [FDRY], in a deal designed to improve its competitive...

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Brocade sues former execs, gets $9.5M from Wilson Sonsini, estimates $830M in options backdating costs

Brocade Communications Systems Inc. filed suit against 10 former executives and board members, accusing them of racketeering, securities violations and breach of fiduciary duties. (BRCD) (CSCO)

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Brocade to Announce Third Quarter Fiscal Year 2008 Results

SAN JOSE, Calif., July 31 /PRNewswire-FirstCall/ -- Brocade(R) (Nasdaq: BRCD), the leader in networked storage solutions that help enterprises connect and manage their information, today announced that it expects to report financial results for its third quarter fiscal year 2008 on Wednesday, August 13, before the open of market. Financial results will be released over PR Newswire and First Call. ...