Monday, 3 December 2007

Revenue &Profit Growth for Brocade in Q4

Brocade has reported its financial results for its fourth fiscal quarter and full fiscal year 2007, which ended October 27, 2007.

Revenues for Q4 07 were 340.0 million dollars, up 63 percent from the same period a year ago. Revenues for fiscal year 2007 were 1,236.9 million dollars, up 65 percent from the Company’s fiscal 2006 revenue of 750.6 million dollars.

“We are very pleased with our Q4 results. Brocade continues to execute exceptionally well and we have further strengthened both our profitability and business fundamentals. During fiscal year 2007, we continued to drive the key growth initiatives that will keep us at the forefront of the evolving data center market,” said Michael Klayko, Brocade’s CEO.