Key Developments For Adaptec, Inc.
Adaptec, Inc. (ADPT.O) (Consolidated Issue listed on NASDAQ Global Market)
Adaptec, Inc. Issues Q3 2010 Guidance; Revenue Guidance Below Analysts' Estimates
Adaptec, Inc. announced that for third quarter of 2010, it expects net revenues to be between $15 million and $17 million, GAAP net loss per share is projected to be in the range of $0.06 and $0.04 and Non-GAAP net loss per share is projected to be in a range of $0.04 and $0.02. According to Reuters Estimates, analysts were expecting the Company to report revenue of $18 million, GAAP net loss per share of $0.04, Non GAAP net loss per share of $0.03 for third quarter of 2010.
Adaptec, Inc. Announces Selection Of RAID Controllers To Power Japan's Server Farm and Fastest PCs
Adaptec, Inc. announced that its Unified Serial RAID controllers have been selected as the RAID solutions of choice by two Japanese technology product and service providers: Third Wave Corporation and A. T. Works, Inc.
Adaptec, Inc. Launches MaxIQ SSD Cache Performance Solution For Maximum Application Acceleration in Data Center Environments
Adaptec, Inc. announced the launch of MaxIQ SSD Cache Performance Solution for maximum application acceleration in Data Center Environments. Adaptec's new MaxIQ SSD Cache Performance Solution integrates a tuned 32GB Intel X25-E Extreme SATA SSD, used as high-performance cache, with Adaptec's MaxIQ SSD caching software to provide I/O intensive data center and cloud computing customers with cost-effective scalability without disrupting existing operations.
Adaptec, Inc. Issues Q2 2010 Outlook In-Line With Analysts' Estimates
Adaptec, Inc. announced that for the second quarter of 2010, it expects net revenues to be between $17 million and $19 million. GAAP net loss per share is projected to be in the range of $(0.05) and $(0.03). Non-GAAP net loss per share is projected to be in a range of $(0.03) and $(0.01). According to Reuters Estimates, analysts are expecting the Company to report revenue of $18 million and non-GAAP earnings per share (EPS) of $(0.03) for the second quarter of 2010.
Adaptec, Inc. Issues Q1 2010 Guidance In Line With Analysts' Estimates
Adaptec, Inc. announced that for the first quarter of 2010, it expects net revenues to be between $20 and $23 million, GAAP loss per share to be in the range of $(0.03) to $(0.05) and non-GAAP loss per share to be in a range of $(0.01) to $(0.03). According to Reuters Estimates, analysts on an average are expecting the Company to report non-GAAP loss per share of $(0.02) on revenue of $21 million for the same period.
