More on Fusion-io's FQ1: No explanation given for soft FQ2 guidance. FY13 revenue growth...

|By:, SA News Editor

More on Fusion-io's FQ1: No explanation given for soft FQ2 guidance. FY13 revenue growth guidance of 45%-50% in-line with a consensus for 48% growth. FQ1 gross margin of 59.5% up 190 bps Q/Q, but GM expected to fall to 56%-58% in FQ2. Operating margin expected to fall to ~10% from FQ1's 19.5%, FY13 op. margin expected to be ~12%. Deferred revenue +19% Q/Q to $34.5M. FIO -9.2% AH. CC at 5PM ET (webcast). (PR)