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Fusion-io (FIO) rises 5.9% premarket after reporting revenue of $71.7M (+556% Y/Y) EPS of $0.15,...
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Friday, August 5, 2011, 8:22 AM ETFusion-io (FIO) rises 5.9% premarket after reporting revenue of $71.7M (+556% Y/Y) EPS of $0.15, beating a consensus of $70.6M and $0.14. The company expects FY12 revenue growth of 40%. Fusion-io also announced the acquisition of IO Turbine, whose caching solutions for servers should complement Fusion-io's memory subsystems.
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