Emulex racks up fifth loss-making quarter as FIVE-YEAR Broadcom broadside ends

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

It’s Emulex’s fifth loss-making quarter in a row and a whopping loss at that.

For its third financial 2014 quarter, ended 30 March, Emulex made a loss of $7.2m on revenues of $109.7m. Let’s put that in context. A year ago its revenues were $116.8m and its loss was $6.7m. In the previous fy2014 quarter revenues were $123.2m and the loss was $4m. The current financial year is progressing badly.

Read on here

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