Violin Memory (VMEM) Tops Q4 EPS by 1c; Announces Restructuring Plan

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/10/2026

1. SPCX
2. HUM
3. ALHC
4. T
5. PEP
6. TMUS
7. SPY
8. CVS
9. UNH
10. AXP

Go back to Violin Memory (VMEM) Tops Q4 EPS by 1c; Announces Restructuring Plan

Violin Memory Announces Fiscal Fourth Quarter and Fiscal Year 2016 Financial Results and Restructuring Plan

March 10, 2016 4:04 PM EST

SANTA CLARA, CA -- (Marketwired) -- 03/10/16 -- Violin Memory®, Inc. (NYSE: VMEM), a global pioneer of award-winning all-flash storage platform solutions for primary storage and active workloads, today announced financial results for the fiscal fourth quarter and fiscal year ended January 31, 2016.

Violin Memory today also announced a restructuring plan focused on aligning its expense structure with current revenue expectations. In connection with the restructuring plan, the Company reduced headcount by approximately 25% from the ending headcount as of October 31, 2015. The Company has... More