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"The storage specialist earned 11 cents a share on net income of $51.1 million, a stark contrast to the same period last year when the company posted a loss of 6 cents a share on a net loss of $23.9 million.
Brocade also posted revenue of $539.5 million, up from $431.6 million in the prior year's quarter, but well short of the $548.43 million average forecast of analysts. Excluding items, Brocade earned 19 cents a share, compared to same period last year, when it earned 15 cents a share. Analysts surveyed by Thomson Reuters had predicted earnings of 15 cents."
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