Brocade Communications Systems, (NASDAQ:BRCD) is due to report earnings after the closing bell on Thursday, August 18.
BRCD trades an average of 19.02 million shares per day, and has a market cap of $1.69 billion. Brocade Communications Systems, Inc. supplies networking equipment comprising end-to-end Internet protocol based Ethernet and storage area networking solutions. Its Data Storage segment provides infrastructure products and solutions, including directors, switches, routers, fabric-based software applications, distance/extension products, management applications, and utilities to centralize data management; and host bus adapters, converged network adapters, mezzanine cards, and switch modules for bladed servers. The company was founded in 1995 and is headquartered in San Jose, California.
Recent Price: $3.71
52 Week High: $7.30
52 Week Low: $3.18
Book Value: $4.58
On average, 10 analysts are expecting $0.10 per share, compared to last quarter's results of $0.13. In the last month, the stock has decreased in price -44.06 % , in the last quarter, it has returned -36.42%, with a one year change of -28.25%.
Comparing to the S&P 500 price changes, the price performances are -37.55% vs. the S&P 500 from a month ago, -32.31% vs. the S&P 500 from six months ago, and the year to date difference is -28.81% vs. the S&P 500 price change.
Revenue year-over-year has increased to $2.09 billion for 2010 vs. $1.95 billion for 2009. The bottom line has rising earnings year-over-year of $118.85 million for 2010 vs. $-81.38 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $211.04 million for 2010 vs. $28.25 million for 2009.
The annual growth rate of revenue is 7.18%.
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Gross reported revenue compared to the mean estimate (rounded).
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Apr-11||$ 550.06 M||$ 549.90 M||$ -0.16 M||-0.03%|
|Jan-11||$ 543.95 M||$ 546.02 M||$ 2.07 M||0.38%|
|Oct-10||$ 536.59 M||$ 550.38 M||$ 13.79 M||2.57%|
|Jul-10||$ 508.61 M||$ 503.51 M||$ -5.10 M||-1%|
|Apr-10||$ 503.38 M||$ 500.98 M||$ -2.40 M||-0.48%|
Reported earnings per share compared to the mean estimate. Differences are rounded.
|Fiscal Quarter Ending Month-Year||Estimate||Actual||Difference||Difference %|
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