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Brocade Communications Systems, Inc. (NASDAQ:BRCD) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 13.33% to $0.17 in the quarter versus EPS of $0.15 in the year-earlier quarter. Revenue Decreased 0.86% to $538.78 million from the year-earlier quarter.
Brocade Communications Systems, Inc. reported adjusted EPS income of $0.17 per share. By that measure, the company beat the mean analyst estimate of $0.15. It missed the average revenue estimate of $544.24 million.