Brocade beats by $0.02, beats on revs; guides Q1 EPS below consensus, revs below consensus :
- Reports Q4 (Oct) earnings of $0.26 per share, $0.02 better than the Capital IQ Consensus of $0.24; revenues rose 4.3% year/year to $588.83 mln vs the $575.13 mln Capital IQ Consensus.
- Co issues downside guidance for Q1, sees EPS of $0.23-0.25 vs. $0.27 Capital IQ Consensus Estimate; sees Q1 revs of $550-570 mln vs. $581.37 mln Capital IQ Consensus Estimate.
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