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grawsha

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grawsha

Re: chmcnfunds post# 16

Friday, 04/01/2011 6:58:25 AM

Friday, April 01, 2011 6:58:25 AM

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Xyratex Ltd. (NASDAQ: XRTX) 8.2% LOWER; reported Q1 EPS of $0.24, $0.03 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $360.5 million versus the consensus estimate of $374.86 million. Sees Q2 2011 EPS of $(0.12)-$0.06, versus the consensus of $0.28. Sees Q2 2011 revenue of $320-$365 million, versus the consensus of $384.5 million. Also authorized the resumption of a $50 million buyback.
http://www.streetinsider.com/Earnings/Xyratex+Ltd.+%28XRTX%29+Posts+Q1+Miss%3B+Guides+Q2+Below+Street/6400511.html
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