By: Benzinga
UPDATE: Brocade Posts Upbeat FQ1 Results
Brocade Communications Systems (NASDAQ: BRCD ) posted a loss in the fiscal first quarter. Brocade posted a quarterly loss of $21.3 million, or $0.05 per share, versus a year-ago profit of $58.6 million, or $0.12 per share. Excluding special items, it earned $0.21 per share. Its revenue climbed 5%
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