More on Xyratex (XRTX): FQ2 beats on EPS but comes up slightly short on revenue as total sales...

|About: Xyratex Ltd. (XRTX)|By:, SA News Editor

More on Xyratex (XRTX): FQ2 beats on EPS but comes up slightly short on revenue as total sales slipped 4.8% Y/Y. Gross profit margin was a key driver in its earnings beat, coming in at 16.5%, compared to 12.9% in the same period last year. The increase was driven by better performance from its HDD Capital Equipment products unit, which had been impacted by significantly reduced revenue and specific inventory provisions in the prior year. Shares +5% AH.