January 30, 2013 at 18:06 PM EST
FIO Plunges 16%: FYQ2 Beats; Q1 View Light, Slashes Year Rev View
Shares of enterprise server technology vendor Fusion-IO (FIO) are down $3.24, or 16%, at $16.85 in late trading after the company this afternoon reported fiscal Q2 revenue and earnings per share that topped analysts’ estimates, but projected this quarter’s, and the full year’s, revenue well below consensus. Revenue in the three months ended in December [...]
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