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mjk

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mjk

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Re: mjk post# 22180

Wednesday, 01/05/2005 5:59:56 PM

Wednesday, January 05, 2005 5:59:56 PM

Post# of 36151
Emulex Announces Preliminary Second Quarter Results
Wednesday January 5, 5:20 pm ET

COSTA MESA, Calif., Jan. 5, 2005 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX - News), the market leader in Fibre Channel host bus adapters (HBAs) and a leading supplier of intelligent building blocks for next-generation storage networking systems, today announced that it expects to report revenues of approximately $90-$91 million for the second fiscal quarter ended December 2004, compared to the range of $81-$85 million projected during the Company's first quarter conference call in October 2004. The Company expects non-GAAP earnings per share for its second fiscal quarter to approximate $0.19-$0.20 per share, compared to the prior projection of $0.13-$0.15. On a GAAP basis, including amortization of intangibles and deferred stock-based compensation, the Company expects to report earnings of approximately $0.14-$0.15 per share, compared to prior guidance of approximately $0.08-$0.10 per share.

http://biz.yahoo.com/pz/050105/70394.html
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