Wunderlich Securities Downgrades Brocade (BRCD) to Hold

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Brocade Communications (BRCD) Tops Q4 EPS by 1c, Offers Q1 Guidance

November 24, 2014 4:09 PM UTC

Brocade Communications (NASDAQ: BRCD) reported Q4 EPS of $0.24, $0.01 better than the analyst estimate of $0.23. Revenue for the quarter came in at $564 million versus the consensus estimate of $562.2 million.

Brocade Communications sees Q1 2014 EPS of $0.23 - $0.25, versus the consensus of $0.24. Brocade Communications sees Q1 2014... More