16:56 ET McDATA beats by 5 cents, issues guidance above consensus (MCDT) 8.30 -1.32: Reports Q2 pro forma loss of $0.02, $0.05 better than the Multex consensus; revs were $77.3 mln, vs consensus of $63.6 mln. Co expects Q3 loss of $0.02-$0.01 and revs of $83-$84 mln (consensus is a loss of $0.05 and $68.9 mln), and Q4 EPS of (0.01)-$0.01 and revs of $90-$92 mln (consensus is a loss of $0.02 and $79.3 mln).
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