Despite beating earnings expectations, Brocade (BRCD) says its Ethernet business is growing slower than expected, and now expects full-year revenue to grow 8-12% vs. expectations of around 15.7%, and full-year EPS of $0.54-0.58 vs. $0.60. Shares now -12.9% AH.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.