Emulex (ELX) gains 8.3% AH after announcing it expects FQ2 revenue of $127M-$128M and EPS of $0.24-$0.25, above a consensus of $124M and $0.17. The company, whose shares had been hit by concerns about Thai flooding exposure, says its operations are now back to full capacity. Top rival QLogic (QLGC) is up 3.6%.
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