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Brocade CEO's Comments on Q3 FY 10 Earnings

by Mike.Klayko on ‎08-19-2010 08:18 AM (400 Views)

Here is my summary of Brocade’s financial results from Q3 FY10. It was a solid quarter overall in what is seasonally a challenging quarter. We did particularly well in our storage area networking business, which grew 4% quarter-over-over, which supports something we’ve been saying – that Fibre Channel is a technology that is still vibrant and has a long, productive future ahead of it. There is no question that all companies today face challenges and we recognize the ones that lie ahead of us, some of which are out of our control. But we focus on the ones within our control and we continue to gain confidence from customers and partners telling us that our innovation, sales and marketing strategies are tightly aligned with their imperatives, which bodes well for our long-term success.