Seeking Alpha

U.K.-based Xyratex (XRTX +1.1%) reverses early losses and trades higher after beating reduced Q4...

U.K.-based Xyratex (XRTX +1.1%) reverses early losses and trades higher after beating reduced Q4 Street estimates, despite a 43% Y/Y drop in earnings. Lower storage infrastructure sales weighed on results, as the company continues to struggle with weak demand.
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