Reuters logo
Emulex third-quarter forecast misses Wall Street estimates
January 31, 2013 / 9:36 PM / 5 years ago

Emulex third-quarter forecast misses Wall Street estimates

Jan 31 (Reuters) - Storage equipment maker Emulex Corp forecast third-quarter results that fell short of analysts’ estimates, sending its shares down about 6 percent in trading after the bell.

Emulex said it expects third-quarter adjusted earnings of between 12 cents and 14 cents per share on revenue of $110 million to $114 million.

Analysts were looking for adjusted earnings of 16 cents per share on revenue of $117.5 million, according to Thomson Reuters I/B/E/S.

Emulex shares were at $7.20 in extended trading after closing at $7.64 on the New York Stock Exchange on Thursday.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below