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QLogic: Healthy fibre boosted our bottom line

Grantley servers help drive sales

QLogic has reported second quarter revenues of $127.5m, up 7 per cent on the previous quarter, and 13 per cent on the year-ago period.

The server storage and Ethernet interconnect business also reported flat year-on-year profits of $11m, but up a whacking 83 per cent from the first quarter.

Second quarter growth was attributed to a boost from Fibre Channel (FC) products as take up of the 16Gbit/s increased.

President and CEO Prasad Rampalli expects the good news to continue through the next two quarters, while brokerage and investment banking firm Stifel Nicolaus believes the good results to be “very much driven by the company’s [16Gbit/s] FC and 10/40/100GbitE positioning for the Grantley cycle".

Servers using Grantley (Intel's latest micro-architecture platform) can have more than 20 cores and may use DDR4 memory; both contributing to a need for more and faster data access from attached arrays. ®

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