04 May

BROCADE REPORTS PRELIMINARY FISCAL Q2 2016 FINANCIAL RESULTS

SAN JOSE, CA–(Marketwired – May 2, 2016) – In conjunction with the filing of a registration statement and exchange offer materials with the U.S. Securities and Exchange Commission associated with its previously announced proposal to acquire Ruckus Wireless, Inc., Brocade® (NASDAQ:BRCD) today reported preliminary financial results for its second fiscal quarter ended April 30, 2016. The Company now expects second fiscal quarter total revenue to be within the range of $518 million to $528 million, compared with the range of $542 million to $562 million previously provided in the planning assumptions and outlook for the quarter on February 17, 2016. Non-GAAP diluted earnings per share for the second fiscal quarter is expected to be within the range of $0.21 to $0.23, compared with the range of $0.22 to $0.24 in the planning assumptions and outlook for the quarter previously provided on February 17, 2016.

to read more : http://newsroom.brocade.com/press-releases/brocade-reports-preliminary-fiscal-q2-2016-financial-results-nasdaq-brcd-1256681#.VymKLoR97X4

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