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MrWhy.com » Videos » Xyratex Posts Q2 Loss of $0.06 Per Share, Issues Q3 Guidance
Xyratex Posts Q2 Loss of $0.06 Per Share, Issues Q3 Guidance
Xyratex Posts Q2 Loss of $0.06 Per Share,  Issues Q3 Guidance
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Xyratex Posts Q2 Loss of $0.06 Per Share, Issues Q3 Guidance
Xyratex Ltd (NASDAQ:XRTX) reported a Q2 non-GAAP loss of $0.06 per share today, while the Wall Street consensus had expected the company to break even. Revenues for the quarter fell 26% year-over-year to $338.5 million, just under the consensus estimate for $339.5 million.The company sees no-GAAP EPS of $0.10 to $0.28 in the third quarter, vs. the consensus estimate for $0.21 per share, on revenues of $336 to $376 million, vs. the consensus estimate for $349.8 million.
Channel: Voxant Newsroom
Category: Business
Video Length: 0
Date Found: June 30, 2011
Date Produced: June 30, 2011
View Count: 0
 
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