Seeking Alpha

Fusion-io guidance light, shares now -18.8% AH

  • Fusion-io (FIO) expects FQ1 revenue of $80M-$90M, well below a $123.8M consensus.
  • FY14 guidance is for 20% revenue growth, below a consensus for 30% growth. FY14 gross margin guidance is set at 52%-54%, below the company's FY13 GM of 60.1%.
  • No explanation is given for the shortfalls. Soft sales to Apple/Facebook have been blamed for light guidance in the past.
  • FQ4 results, PR
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