Shares PLUNGE as Violin posts $34 MEELLION loss

Post by Chris Mellor (thank you) over at El Reg

Violin Memory’s losses are deepening faster than its sales are growing and that is surely unsustainable. El Reg’s storage finance desk thinks a shortfall in orders from the federal government exacerbated the stalling of enterprise sales growth – and looming competition and software inadequacies didn’t help much either.

Read on here

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