Key Developments: Fusion-io Inc (FIO)
13.90USD
24 May 2013
$0.25 (+1.83%)
$13.65
$13.59
$14.02
$13.49
3,723,596
3,642,917
$32.63
$13.13
Latest Key Developments (Source: Significant Developments)
Fusion-io Inc Announces Management Changes
Fusion-io Inc announced that Shane Robison has been named Chairman, Chief Executive Officer and President, effective immediately. Mr. Robison, who is a director of the Fusion-io Board of Directors, succeeds David Flynn, who has resigned as CEO and President to pursue entrepreneurial investing activities. Full Article
Fusion-io Inc Issues Q4 2013 Revenue Guidance In Line With Analysts' Estimates; Updates On FY 2013 Revenue Guidance To A Range In Line With Analysts' Estimates
Fusion-io Inc announced that for the fourth quarter of 2013, it expects revenue to be approximately $110 million and Non-GAAP operating loss of approximately $5 million. For fiscal 2013, it expects revenue to be approximately $435 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $107 million for the fourth quarter of 2013 and revenues of $426 million for fiscal 2013. Full Article
Fusion-io Inc Issues Q3, FY 2013 Revenue Guidance Below Analysts' Estimate
Fusion-io Inc announced that for the third quarter of 2013, it expects revenue to be approximately $80 million. Non-GAAP operating loss of approximately $10 million to $15 million. For fiscal 2013, it expects revenue to be approximately $420 to $440 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $137 million for the third quarter of 2013 and revenues of $530 for fiscal 2013. Full Article
Fusion-io Inc Issues Q2 2013 Revenue Guidance Below Analysts' Estimates; Reaffirms FY 2013 Revenue Guidance
Fusion-io Inc announced that for second quarter of 2013, it expects revenue to be essentially flat sequentially. For fiscal 2013, it expects revenue growth to be in the range of 45% to 50%. The Company reported revenue of $118.1 million in first quarter of 2013 and revenue of $359.3 million in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $125 million for second quarter of 2013 and revenue of $531 million for fiscal 2013. Full Article
Fusion-io Inc Issues Q1, FY 2013 Revenue Guidance Above Analysts' Estimates
Fusion-io Inc announced that for the first quarter of 2013, it expects revenue to modestly increase from the fourth quarter of 2012. For fiscal 2013, the Company expects revenue to be in the range of 45% to 50%. The Company reported revenue of $106.6 million in the fourth quarter of 2012 and revenue of $359.3 million in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $104.40 million the first quarter of 2013 and revenue of $478.80 million for fiscal 2013. Full Article
Fusion-io Inc And Princeton University Scientists Team Up To Seamlessly Extend Memory From DRAM To NAND Flash
Fusion-io Inc announced that it has collaborated with Princeton University computer scientists to design a new subsystem called Extended Memory, available exclusively for Fusion ioMemory as part of the Fusion-io Software Development Kit (SDK). The Extended Memory subsystem transparently extends system memory from DRAM onto flash, providing much more high-performance memory capacity than currently possible with DRAM alone. Extended Memory simplifies complexity for application developers and extends cost savings to customers who can significantly boost performance with applications customized to leverage ioMemory. Full Article
Fusion-io Inc To Accelerate Cisco UCS Blade Server Performance
Fusion-io Inc announced that it has entered into an original equipment manufacturer (OEM) relationship with Cisco. Through the new relationship, Fusion ioMemory will be architected into the Cisco Unified Computing System (Cisco UCS) Server to amplify in-server performance in all UCS B-series blade servers. Full Article
Fusion-io Inc Issues Q4 2012 Revenue Guidance Above Analysts' Estimates; Issues FY 2012 Revenue Guidance In Line With Analysts' Estimates
Fusion-io Inc announced that for the fourth quarter of 2012, it expects revenue to be essentially flat sequentially. For fiscal 2012, it expects revenue growth of approximately 75%. The Company reported revenues of $94.2 million in the third quarter of 2012 and reported revenues of $197.20 million in fiscal 2011. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $89.07 million and revenue of $333.23 million for fiscal 2012. Full Article
Fusion-io Inc Issues Q3 2012 Revenue Guidance; Raises Revenue FY 2012 Guidance
Fusion-io Inc announced that for the third quarter of 2012, it expects revenue to be approximately $85 million. For fiscal 2012, revenue growth is expected to be 65% to 70%. The Company reported revenues of $197.20 million in fiscal 2011. Full Article
Fusion-io Inc Prices Follow-On Offering
Fusion-io Inc announced the pricing of its follow-on public offering of 8,843,739 shares of common stock at a price to the public of $33.00 per share. A total of 3,000,000 shares are being offered by Fusion-io, and a total of 5,843,739 shares are being offered by selling stockholders. In addition, the underwriters have an option to purchase up to an additional 1,326,560 shares from selling stockholders on the same terms and conditions. Fusion-io will not receive any proceeds from the sale of shares by the selling stockholders. Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as lead joint book-runners for the proposed offering, and J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC are acting as joint book-runners. Full Article
BRIEF-Fusion io-shares up 4.8 pct premarket
NEW YORK, May 14 - Fusion-io Inc : * Shares up 4.8 percent premarket after UBS raises rating
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