18:21 ELX Emulex raises Q3 guidance (19.00 +0.64)
Co issues upside guidance for Q3 (Mar), sees EPS of $0.23-0.24, ex items vs. $0.19 Reuters Estimates consensus; sees Q3 (Mar) revs of $101-102 mln vs. $91.79 mln consensus. Co states, "During the third quarter, Emulex experienced a continuation of the broad strengthening of demand that occurred in the December quarter, resulting in record sales of our Fibre Channel solutions and delivering our first quarter that exceeded $100 million in revenue".
Co issues upside guidance for Q3 (Mar), sees EPS of $0.23-0.24, ex items vs. $0.19 Reuters Estimates consensus; sees Q3 (Mar) revs of $101-102 mln vs. $91.79 mln consensus. Co states, "During the third quarter, Emulex experienced a continuation of the broad strengthening of demand that occurred in the December quarter, resulting in record sales of our Fibre Channel solutions and delivering our first quarter that exceeded $100 million in revenue".
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