Premarket, Brocade (BRCD) is -8.6% to $5.21 after reporting Q4 earnings with record revenue, but...

|About: Brocade Communications Sys... (BRCD)|By:, SA News Editor

Premarket, Brocade (BRCD) is -8.6% to $5.21 after reporting Q4 earnings with record revenue, but shrinking net income. It also forecast potentially flat Q1 revenue, in part because of uncertainty around federal spending which makes Brocade 'very uncomfortable.'