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More on Emulex's FQ3: EPS beat was driven by a doubling of sales of 10G Ethernet products,...
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Wednesday, April 25, 2012, 5:40 PM ETMore on Emulex's FQ3: EPS beat was driven by a doubling of sales of 10G Ethernet products, further evidence of strong demand in this market (a positive for CSCO) and possibly the impact of Intel's (INTC) Romley launch. Emulex is guiding for FQ4 revenue of $126M-$130M and EPS of $0.21-$0.23, compared with a consensus of $129.6M and $0.20. ELX +6.3% AH. QLogic (QLGC) might rally tomorrow in sympathy. (PR)
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