Politics : Formerly About Applied Materials


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To: StanX Long who wrote (60506)2/14/2002 3:04:38 AM
From: Bruce BrownRead Replies (1) of 70976
 
San Jose, California, Feb. 13 (Bloomberg) -- Brocade Communications Systems Inc., whose switches direct information among computers and data-storage systems, said fiscal first- quarter profit fell 64 percent as sales declined amid a U.S. recession.

Net income for the quarter ended Jan. 26 was $11.7 million, or 5 cents a share, from $32.5 million, or 13 cents, a year earlier. Sales fell 25 percent to $123.1 million from $165 million.


What about the current situation? Looks like the trend is slowly starting to change...


Brocade Revenue trend for the past 8 quarters

$43M    $62M    $92M    $132M    $165M    $115M    $116M    $117M    $123.1 (most recent)



It looks like the revenue trend over the last 8 quarters has slowly started to turn in the correct direction.

BB
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