Brocade Comm Sys (BRCD) 9.02 $BRCD
Brocade Reports Fiscal Q3 2016 Results
Marketwire Canada - Thu Aug 25, 4:18PM CDT
SAN JOSE, CA--(Marketwired - Aug 25, 2016) - Brocade® (NASDAQ: BRCD) today reported financial results for its third fiscal quarter ended July 30, 2016. These results include approximately two months of financial results from Ruckus Wireless, which was acquired on May 27, 2016. Brocade reported third quarter revenue of $591 million, up 7% year-over-year and up 13% quarter-over-quarter. The Company reported GAAP diluted earnings per share (EPS) of $0.02, down from $0.21 in Q3 2015 and from $0.11 in Q2 2016. The year-over-year and sequential declines in GAAP EPS were primarily the result of acquisition-related items, including the lower gross margin associated with acquired inventory and deferred revenue, acquisition and integration costs, and increases in the amortization of intangible assets and stock-based compensation. These items were partially offset by the favorable resolution of a tax audit. Non-GAAP diluted EPS was $0.21 for Q3 2016, down 21% year-over-year and down 2% quarter-over-quarter. The year-over-year decline in non-GAAP EPS was primarily due to the acquisition-related purchase accounting adjustments, unfavorable revenue mix, and higher operating expenses.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
Brocade Announces Third Quarter Fiscal Year 2016 Results
Marketwired - Thu Aug 25, 3:00PM CDT
SAN JOSE, CA--(Marketwired - Aug 25, 2016) - Brocade® (NASDAQ: BRCD) reported its financial results for its third quarter fiscal year 2016 today following the close of the market. The earnings announcement and prepared materials for the related conference call are available on the Brocade Investor Relations website at www.brcd.com/results.cfm. The earnings announcement and prepared materials have been, or will shortly be, furnished to the SEC on Form 8-K. The earnings announcement will also be distributed by Marketwired later this afternoon.
BRCD: 9.02 (-0.04)
After Yesterday's Rally of 1.42% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Aug 25, 1:14PM CDT
Brocade Communications Systems (NASDAQ:BRCD) traded in a range yesterday that spanned from a low of $10.12 to a high of $10.39. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $10.33 on volume of 3.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BRCD: 9.02 (-0.04)
SmarTrend Watching for Potential Pullback in Shares of Brocade Communications Systems After 1.42% Gain
Comtex SmarTrend(R) - Thu Aug 25, 1:12PM CDT
Brocade Communications Systems (NASDAQ:BRCD) traded in a range yesterday that spanned from a low of $10.12 to a high of $10.39. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $10.33 on volume of 3.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BRCD: 9.02 (-0.04)
5 Stocks to Watch After the Market Closes Today
ESTMZ - Thu Aug 25, 8:00AM CDT
Ulta Salon, Cosmetics & Fragrance ( ULTA ): Ulta is firing on all cylinders. Year to date the stock is up 48% and 68% in the past 12 months. Improved merchandise mix and persistently strong traffic trends can be credited with the recent string...
T: 40.95 (-0.01), SPY: 218.37 (+0.98), GME: 28.39 (+0.36), CMG: 408.41 (-6.27), ZG: 34.60 (+0.55), SPLK: 59.39 (+1.20), ULTA: 246.46 (+0.94), BRCD: 9.02 (-0.04), AAPL: 107.73 (+1.00), ADSK: 68.01 (+0.64)
Brocade Helps Customers Build Agile Networks for Digital Business at VMworld 2016
Marketwired - Wed Aug 24, 7:00AM CDT
Demonstrations and Sessions to Showcase Principles of the New IP for Delivering New Services, Increasing Agility and Enhancing Application Performance
BRCD: 9.02 (-0.04)
Brocade Analytics Monitoring Platform Delivers Unprecedented Insight Into Storage Networks
Marketwired - Tue Aug 23, 7:01AM CDT
Provides End-to-End Visibility Across Application Environment to Optimize Performance
BRCD: 9.02 (-0.04)
Brocade Appoints New Vice President of Federal Sales
Marketwired - Thu Aug 11, 7:01AM CDT
SAN JOSE, CA--(Marketwired - Aug 11, 2016) - Brocade (NASDAQ: BRCD) today announced the appointment of Phil O'Reilly as vice president of Federal Sales. O'Reilly will lead the Brocade sales and partner ecosystem that supports the U.S. Department of Defense, civilian agencies and intelligence community, effective immediately. He will report to Jeff Lindholm, senior vice president of Worldwide Sales, Brocade.
BRCD: 9.02 (-0.04)
Brocade vADC Solution Now Available on the Microsoft Azure Marketplace
Marketwire Canada - Wed Aug 10, 7:01AM CDT
Enables Hybrid Enterprises to Access and Deliver Applications Quickly, Securely and Cost-Effectively
BRCD: 9.02 (-0.04)
Brocade to Announce Third Quarter Fiscal 2016 Results on August 25, 2016
Marketwire Canada - Thu Aug 04, 7:01AM CDT
SAN JOSE, CA--(Marketwired - Aug 4, 2016) - Brocade (NASDAQ: BRCD) today announced plans to report its financial results for its third quarter of fiscal 2016 on Thursday, Aug. 25, 2016 following the close of the market. The earnings announcement, as well as prepared materials for the conference call, will be available shortly after 1:00 p.m. PDT (4:00 p.m. EDT) at www.brcd.com, and will be furnished to the SEC on Form 8-K. The earnings announcement will also be distributed by Marketwired.
BRCD: 9.02 (-0.04)
Brocade Communications Systems Set to Possibly Pullback After Yesterday's Rally of 3.02%
Comtex SmarTrend(R) - Tue Jun 21, 3:01PM CDT
Brocade Communications Systems (NASDAQ:BRCD) traded in a range yesterday that spanned from a low of $8.96 to a high of $9.21. Yesterday, the shares gained 3.0%, which took the trading range above the 3-day high of $9.09 on volume of 4.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BRCD: 9.02 (-0.04)
Ruckus Wireless Selected by AccorHotels as Preferred Wi-Fi Partner, Reaching 4,000+ Properties Worldwide
PR Newswire - Mon Jun 20, 7:00AM CDT
(HITEC - Booth 426) Today, at the Hospitality Industry Technology Exposition & Conference (HITEC), taking place this week at Ernest N. Morial convention center in New Orleans, Ruckus Wireless, Inc. announced it has been selected as the preferred Wi-Fi partner by AccorHotels. Through the collaboration, Ruckus will update AccorHotels' Wi-Fi technology and infrastructure to help ensure high performance for both customers and hotels, enable future developments, and intensify the strength of AccorHotels' digital services.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
Brocade Reports Fiscal Q3 2016 Results
Marketwire Canada - Thu Aug 25, 4:18PM CDT
SAN JOSE, CA--(Marketwired - Aug 25, 2016) - Brocade® (NASDAQ: BRCD) today reported financial results for its third fiscal quarter ended July 30, 2016. These results include approximately two months of financial results from Ruckus Wireless, which was acquired on May 27, 2016. Brocade reported third quarter revenue of $591 million, up 7% year-over-year and up 13% quarter-over-quarter. The Company reported GAAP diluted earnings per share (EPS) of $0.02, down from $0.21 in Q3 2015 and from $0.11 in Q2 2016. The year-over-year and sequential declines in GAAP EPS were primarily the result of acquisition-related items, including the lower gross margin associated with acquired inventory and deferred revenue, acquisition and integration costs, and increases in the amortization of intangible assets and stock-based compensation. These items were partially offset by the favorable resolution of a tax audit. Non-GAAP diluted EPS was $0.21 for Q3 2016, down 21% year-over-year and down 2% quarter-over-quarter. The year-over-year decline in non-GAAP EPS was primarily due to the acquisition-related purchase accounting adjustments, unfavorable revenue mix, and higher operating expenses.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
Brocade Announces Third Quarter Fiscal Year 2016 Results
Marketwired - Thu Aug 25, 3:00PM CDT
SAN JOSE, CA--(Marketwired - Aug 25, 2016) - Brocade® (NASDAQ: BRCD) reported its financial results for its third quarter fiscal year 2016 today following the close of the market. The earnings announcement and prepared materials for the related conference call are available on the Brocade Investor Relations website at www.brcd.com/results.cfm. The earnings announcement and prepared materials have been, or will shortly be, furnished to the SEC on Form 8-K. The earnings announcement will also be distributed by Marketwired later this afternoon.
BRCD: 9.02 (-0.04)
After Yesterday's Rally of 1.42% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Aug 25, 1:14PM CDT
Brocade Communications Systems (NASDAQ:BRCD) traded in a range yesterday that spanned from a low of $10.12 to a high of $10.39. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $10.33 on volume of 3.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BRCD: 9.02 (-0.04)
SmarTrend Watching for Potential Pullback in Shares of Brocade Communications Systems After 1.42% Gain
Comtex SmarTrend(R) - Thu Aug 25, 1:12PM CDT
Brocade Communications Systems (NASDAQ:BRCD) traded in a range yesterday that spanned from a low of $10.12 to a high of $10.39. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $10.33 on volume of 3.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BRCD: 9.02 (-0.04)
5 Stocks to Watch After the Market Closes Today
ESTMZ - Thu Aug 25, 8:00AM CDT
Ulta Salon, Cosmetics & Fragrance ( ULTA ): Ulta is firing on all cylinders. Year to date the stock is up 48% and 68% in the past 12 months. Improved merchandise mix and persistently strong traffic trends can be credited with the recent string...
T: 40.95 (-0.01), SPY: 218.37 (+0.98), GME: 28.39 (+0.36), CMG: 408.41 (-6.27), ZG: 34.60 (+0.55), SPLK: 59.39 (+1.20), ULTA: 246.46 (+0.94), BRCD: 9.02 (-0.04), AAPL: 107.73 (+1.00), ADSK: 68.01 (+0.64)
Brocade Helps Customers Build Agile Networks for Digital Business at VMworld 2016
Marketwired - Wed Aug 24, 7:00AM CDT
Demonstrations and Sessions to Showcase Principles of the New IP for Delivering New Services, Increasing Agility and Enhancing Application Performance
BRCD: 9.02 (-0.04)
Brocade Analytics Monitoring Platform Delivers Unprecedented Insight Into Storage Networks
Marketwired - Tue Aug 23, 7:01AM CDT
Provides End-to-End Visibility Across Application Environment to Optimize Performance
BRCD: 9.02 (-0.04)
Brocade Appoints New Vice President of Federal Sales
Marketwired - Thu Aug 11, 7:01AM CDT
SAN JOSE, CA--(Marketwired - Aug 11, 2016) - Brocade (NASDAQ: BRCD) today announced the appointment of Phil O'Reilly as vice president of Federal Sales. O'Reilly will lead the Brocade sales and partner ecosystem that supports the U.S. Department of Defense, civilian agencies and intelligence community, effective immediately. He will report to Jeff Lindholm, senior vice president of Worldwide Sales, Brocade.
BRCD: 9.02 (-0.04)
Brocade vADC Solution Now Available on the Microsoft Azure Marketplace
Marketwire Canada - Wed Aug 10, 7:01AM CDT
Enables Hybrid Enterprises to Access and Deliver Applications Quickly, Securely and Cost-Effectively
BRCD: 9.02 (-0.04)
Brocade to Announce Third Quarter Fiscal 2016 Results on August 25, 2016
Marketwire Canada - Thu Aug 04, 7:01AM CDT
SAN JOSE, CA--(Marketwired - Aug 4, 2016) - Brocade (NASDAQ: BRCD) today announced plans to report its financial results for its third quarter of fiscal 2016 on Thursday, Aug. 25, 2016 following the close of the market. The earnings announcement, as well as prepared materials for the conference call, will be available shortly after 1:00 p.m. PDT (4:00 p.m. EDT) at www.brcd.com, and will be furnished to the SEC on Form 8-K. The earnings announcement will also be distributed by Marketwired.
BRCD: 9.02 (-0.04)
Brocade Communications Systems Set to Possibly Pullback After Yesterday's Rally of 3.02%
Comtex SmarTrend(R) - Tue Jun 21, 3:01PM CDT
Brocade Communications Systems (NASDAQ:BRCD) traded in a range yesterday that spanned from a low of $8.96 to a high of $9.21. Yesterday, the shares gained 3.0%, which took the trading range above the 3-day high of $9.09 on volume of 4.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BRCD: 9.02 (-0.04)
Ruckus Wireless Selected by AccorHotels as Preferred Wi-Fi Partner, Reaching 4,000+ Properties Worldwide
PR Newswire - Mon Jun 20, 7:00AM CDT
(HITEC - Booth 426) Today, at the Hospitality Industry Technology Exposition & Conference (HITEC), taking place this week at Ernest N. Morial convention center in New Orleans, Ruckus Wireless, Inc. announced it has been selected as the preferred Wi-Fi partner by AccorHotels. Through the collaboration, Ruckus will update AccorHotels' Wi-Fi technology and infrastructure to help ensure high performance for both customers and hotels, enable future developments, and intensify the strength of AccorHotels' digital services.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
