Violin Memory Announces Third Quarter Fiscal Year 2016 Financial Results
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Violin Memory (VMEM) Misses Q3 EPS by 1c; Will Expand Strategic Alternatives
December 2, 2015 4:04 PM ESTViolin Memory (NYSE: VMEM) reported Q3 EPS of ($0.19), $0.01 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $12.5 million versus the consensus estimate of $17.23 million.
"Our strategic shift and product line transition to become a market leader in flash-based primary storage for enterprises continues to create short-term challenges in achieving... More
