Brocade Earnings Report Just Average
Breaking it down, the SAN (Fibre Channel) business accounted for 56 percent of the companys total revenues and and Ethernet accounted for 26 percent.
Brocades report on its fiscal second quarter earnings was boring, according to this blog report on Infostor. In fact, the blog states that the best thing you could say about Brocades earnings was that there were earnings.
"For example, if you break Brocades business into three major segments, the SAN (Fibre Channel) business accounted for 56% of the companys total revenues in Q2 2010 vs. 58% in Q2 2009. Global services represented 18% of total revenues, vs. 17% last year, and Ethernet accounted for 26%, vs. 25% in Q2 2009.
"The highlight of the Fibre Channel kings revenue report was . . . Ethernet. Brocades Ethernet business posted a 34% gain over the first quarter of this year (although only 2% year-over-year). In fact, Q2 was Brocades highest revenue quarter for Ethernet ($156.7 million in products and services) since the company acquired Foundry."