Rochester, NY 8/22/2009 7:02:56 AM
Brocade Communications Systems, Inc., BRCD, Brocade Experience $21M Loss in the Third Quarter
Brocade Communications Systems, Inc.
Brocade Communications Inc., release its third quarter market loss of $21 million, or 5 cents a share, compared to net income in the same period last year of $30.2 million, or 5 cents a share.
San Jose-based Brocade had revenue of $493.3 million, a 35 percent boost $365.7 million during the same period of last year. Excluding items, the company's income would have been $55.4 million, or 12 cents a share, compared to $62.1 million, or 16 cents a share.
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