Fusion-io FYQ4 Beats, FYQ1 View Tops Estimates
Enterprise data storage equipment vendor Fusion-io this afternoon reported fiscal Q4 revenue and earnings per share ahead of expectations and offered a forecast for 40% revenue growth this year.
Revenue in the three months ended in June rose almost 600% to $71.7 million, yielding EPS of 15 cents per share. Analysts on average were modeling $70.6 million and 14 cents a share.