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Articles about Quarter Revenues

Isilon 3-node S200

Federal squeeze hits EMC as revenues and profits nose downwards

The US federal spending shutdown has hit EMC's results, causing declines in both revenues and profits compared to the previous quarter. In comparison, rivals VMware saw accelerated double-digit year-over-year revenue growth; no federal shutdown effect visible there. Third quarter revenues of $5.5bn were $100m less than the …
Chris Mellor, 22 Oct 2013
Marc Benioff

Salesforce slaps Amazon, Google with glove: 'I'm THE FIRST $1bn-quarter enterprise cloud biz'

Salesforce shares stumbled down 1.5 percent on Monday after the customer relationship management company reported third quarter revenues that narrowly beat analyst expectations. The company booked sales of $1.072bn, with a billion coming from its core businesses, and $72m from other assets such as platform-as-a-service cloud …
Jack Clark, 19 Nov 2013
WD WD TV Live

Growth, what's that? Storage firms tighten belts as revenues flatline

It’s results round-up day at the Register, with LSI, Mellanox, QLogic, Symantec and WD all filing their quarterly results. Here we go on a numbers blitz: Western Digital reported first fiscal 2014 quarterly revenues of $3.8bn and profits (net income) of $495m from making 62.6 million disk drives with an average selling price of …
Chris Mellor, 28 Oct 2013

More brutal PC numbers from Dell as revenues stay flat, profits sink

Dell announced its second-quarter earnings for fiscal 2014 on Thursday – five days early – and delivered a report that met analysts' expectations but once again showed a company struggling to remain profitable in the face of woeful trends in the PC industry. This was the second quarter in a row that Dell announced its results …
Neil McAllister, 15 Aug 2013

Xyratex CEO: Don't judge us by our droopy revenues

Xyratex's second quarter revenues were a third less than a year ago, as were its first quarter revenues. With sales to NetApp continuing to decline and income from the new ClusterStor array still not covering its costs, Xyratex is set to shrink further this year. Revenues for the second calendar quarter were $216.2m, compared to …
Chris Mellor, 03 Jul 2013
The Register breaking news

Another quarter, another $14bn in revenue for Google

Google announced an impressive start for its fiscal 2013 on Thursday, reporting first-quarter revenues of $13.97bn – an eyebrow-raising 31 per cent increase from the same quarter last year. That growth was perhaps not quite so remarkable, however, when you consider that the online ad giant also pulled in $14.42bn in Q4 of 2012 …
Neil McAllister, 18 Apr 2013
Xyratex OEMs

Xyratex tight-lipped over unimpressive first quarter

As expected and following on from its board caving in to Baker Street Capital Management and ousting of CEO Steve Barber, Xyratex's quarterly revenues are down 34 per cent year-on-year. Revenues for Q1 2013, ending 28 February 2013, were $195.6m, which contrasts badly with the $295.7m reported a year ago and the $265.4m reported …
Chris Mellor, 05 Apr 2013
Quantum LTO-6 Ultrium tapes

Quantum: OK, we're not flogging as much as hoped, but at least we only lost $2.4m this time

Quantum's revenues declined in its third quarter but its losses shrank much faster. The third fiscal 2014 quarter, which finished on 31 December, saw revenues of $146m, down 8 per cent on the year-ago number, but with the expected seasonal hike up from the prior quarter’s $131.4m. There was a net loss, which we hadn’t expected …
Chris Mellor, 31 Jan 2014
hands waving dollar bills in the air

Symantec's profits up in calm third quarter

CEO Enrique Salem stands crisp and smart on the poop deck of the good ship Symantec, looking back at a straight course and ahead to more growth. It's a pretty unexciting third quarter story really. Third quarter revenues for the security, storage and server company were $1.75bn – 7 per cent up on a yearly comparison. Profits …
Chris Mellor, 26 Jan 2012
Red Hat Shadowman logo

Red Hat's pockets bulging on strong Linux, JBoss sales

Enterprise Linux vendor Red Hat posted strong financial results for the third quarter of its fiscal 2014 on Thursday, with earnings that beat both analysts' estimates and the company's own earlier guidance. Revenues for the quarter ending on November 30 were $397m, up 15 per cent from the same period a year ago. In the …
Neil McAllister, 20 Dec 2013
STEC Kronos PCIe flash drive

Fallen flash drive star STEC's revenues circle drain

One-time solid-state drive star STEC saw losses greater than its revenues in its second 2012 quarter. It's in a meat-grinder, facing class action lawsuits, an SEC insider trading case, and no uptick in demand as new products crawl oh-so-slowly through OEM qualification processes. Take a wrong turn or two in the flash business …
Chris Mellor, 08 Aug 2012

Floating mutant, hidden profit: Nimble reveals first post-IPO results

Mutant flash-disk arrays are apparently continuing to disrupt the storage market, judging by hybrid array-slinger Nimble Storage's business in the period to the end of January this year. It recently revealed both the quarter which included its IPO and its full year results. Hybrid arrays juice cheap disk capacity with a dash of …
Chris Mellor, 04 Mar 2014
SGI logo hardware close-up

Cray revenues spike on XE6, XK6 super sales

If you were wondering why Cray has sold off its supercomputer interconnect to chip giant Intel for $140m, a close look at the company's first quarter financial results will give you a clue. In the quarter ended in March, Cray's sales were up like a rocket as a number of large supercomputer deals, some of which had slipped from …
globalisation

Fusion-io revenues flash upwards

Server flash array vendor Fusion-io saw stonking quarterly revenues but disappointed with a loss despite unexpected higher sales. Did it under-price its ioDrive 2 products? Fusion ships PCIe-connected flash memory cards for servers – ranging up to 10TB in size – which store primary data, replacing 15,000rpm disk drives, and …
Chris Mellor, 25 Jan 2012
graph up

Intel reports first $11bn-plus quarter

Less than two months after Intel lowered Wall Street expectations for its third-quarter, it released said financial info — and the news ain't too shabby: Chipzilla exceeded $11bn in revenues for the first time in its history. "Intel's third-quarter results set all-time records for revenue and operating income," Intel president …
Rik Myslewski, 12 Oct 2010

FalconStor preens its feathers as turnaround gathers speed

Virtualisation outfit FalconStor is starting to move on the product front again, and is combining its VTL (Virtual tape library) and FDS dedupe product into a single offering, claiming 50 per cent cost-savings. The FDS (File-interface Deduplication System) offers post-processing and/or concurrent block-level deduplication with a …
Chris Mellor, 19 Feb 2014
Microsoft campus

Microsoft: Ha ha, my Wall Street friends - THIS time the victory is OURS

Microsoft disclosed on Thursday its earnings for the first time since outgoing CEO Steve Ballmer announced the company's radical restructuring in July, and from all appearances, all is well in Redmond. The software behemoth reported profits of $5.24bn (up 17 per cent year on year) and earnings per share of $0.63 on record first- …
Neil McAllister, 25 Oct 2013
cloud_channel

Cloud rains cash for EMC: VMWare win means Tucci's team can take it easy

EMC did the business in its second calendar 2013 quarter, notching up solid gains in revenues and profits. Revenue was propped up by brisk trade in cloud virtualisation services from VMware and sales of scale-out NAS storage from its Isilon unit. The RSA and Information Intelligences groups slowed EMC down a smidge, however. …
Chris Mellor, 24 Jul 2013
Quantum CEO Jon Gacek

Quantum expects to see Q3 revenue hike, sheds 60 extra bodies

Quantum expects to report a seasonal third quarter revenue hike in its third 2014 fiscal quarter ended 31 December, with lower costs helped by manufacturing outsourcing and several additional redundancies. El Reg storage desk has received several emails about the latter and they were also confirmed by the company. Revenues for …
Chris Mellor, 16 Jan 2014
Joe Tucci EMC

Storage overlord EMC announces growth, plans to slash 1,000 jobs

Big storage beast EMC closed its 2013 fiscal year with impressive growth in its final quarter but sees lower growth in the future. It also announced 1,000 layoffs on the way in Q1 as it rebalances towards flash, integrated systems, mobile and cloud computing. According to EMC, the staff cuts are down to its internal rejigging to …
Chris Mellor, 30 Jan 2014
SanDisk Cruzer Pro and Enterprise

SanDisk's so busy adding up its dosh, enterprise PCIe cards slip into 2014

Flash memory biz SanDisk is on a roll with third quarter revenues and income up on both annual and sequential compares. Third quarter revenues in 2013 were $1.63bn, 10 per cent up sequentially, and 28 per cent on the year-ago period. Net income was $277m, also up 6 per cent sequentially and 262 per cent annually. That's also 17 …
Chris Mellor, 18 Oct 2013
The Register breaking news

Hard drives snatch hold of semi giant LSI, jump right off a cliff

LSI's latest results paint a gloomy picture for the storage giant, revealing both its revenues and profits were down last quarter. Revenues for LSI's first fiscal 2013 quarter, ended March 31, were down to $569m. They were $600m in the previous quarter, a 5 per cent fall. A year ago revenues were up at the $622m mark, meaning …
Chris Mellor, 29 Apr 2013
Tesla Sport

Tesla is on fire! Model S car sales are red hot – just like their chargers (yow)

Tesla's stock price has risen at least 10 per cent after the electric-car maker's boasted that its fourth quarter revenues exceeded targets by about 20 per cent. The company said that in the three months to the end of 2013, it had sold and delivered 6,900 of its Model S sedans to customers worldwide. It said that its …
Iain Thomson, 14 Jan 2014
The Register breaking news

Palm: revenues up, expectations down

Despite a surge in sales, Palm CFO Doug Jeffries predicts that the smartphone maker's immediate future won't be a happy one. These revelations came today in a conference call with analysts and reporters as Palm announced its third-quarter results for fiscal year 2010. Wall Street immediately spanked the company's stock in after- …
Rik Myslewski, 18 Mar 2010
Scrooge McDuck

Don't count out Overland Storage: Borged mixed tape biz = PROFIT at last

We expected declining revenues and another loss and Overland didn’t disappoint. First fiscal 2014 quarter revenues of $10.6m were down 9 per cent on the annual compare and 12 per cent compared to the previous quarter. On the other hand, its new acquisition means it pulls a lot of resources out of the tape biz and into the more …
Chris Mellor, 14 Nov 2013
Mark Moshayedi Jan 2013 Interim STEC CEO

Fallen flash flogger sTec says direct sales will save its bacon

Flash disk maker sTec isn't looking healthy. Its revenues have declined by over a third from the last quarter and net losses exceed revenues for this quarter - as they have done for the last 18 months. Revenues from storage array manufacturers are falling away faster than the company's alternative revenue-generating efforts are …
Chris Mellor, 09 May 2013

Brocade boss drops F-bomb: 'Everyone's for 32Gbps Fibre Channel'

Storage networking biz Brocade has pulled a massive profit leap out of declining revenues thanks to a legal win against rival A10 Networks. Brocade banked a $119m profit on revenues of $536.6m in its latest quarter of 2013, ended 27 July. The year-ago profit was $43m, so that's a 177 per cent jump and a 153 per cent increase …
Chris Mellor, 16 Aug 2013

Flash cheaper than disk? 'Customers aren't buying that', says NetApp CEO

NetApp's CEO Tom Georgens philosophised about flash storage in the company's latest earnings call with analysts. The top boss said non-volatile NAND memory isn't the be-all and end-all in storage: what matters is where active and inactive, hot and cold, data is stored, and how dear each of those holding pens are. “Flash, on a …
Chris Mellor, 16 Aug 2013
Topgun fighters

Profits ONTAP? Not exactly, but storage giant NetApp can exhale now

Whew, that was close: NetApp grew its second quarter revenues by a whisker but bumped up profits nicely as customers continued to buy its gear. Revenues for the second fiscal 2014 quarter, ended 25 October, grew just 1 per cent over the year to $1.55bn. That was a small increase from the first quarter total of $1.52bn, 2.2 per …
Chris Mellor, 14 Nov 2013
Suitcase bulging with cash

Biz data-furtler CommVault reveals unexpected riches

CommVault's government and enterprise customers bought its software in record numbers, leading to a spike in revenues and a sudden onrush of affection from Wall St brokers when it beat estimates for both sales and profits. That said, the firm is a one-trick pony, but what a pony; the nag just keeps on running. CommVault produces …
Chris Mellor, 01 Feb 2013
axe_channel_teaser

EMC, VMware dangle axe over 1,804 workers around the planet

In the week of EMC's self-congratulatory EMC World extravaganza in Las Vegas, the storage giant revealed it will slash 1,004 jobs. The cuts will be felt worldwide in the company's Information Storage, RSA Information Security and Information Intelligence divisions, according to EMC. The redundancies will cost the biz $80m. This …
Chris Mellor, 07 May 2013
data centre

New Big Blue UK, Ireland exec to give kiss o' life to server sales

It's all change in the upper echelons of IBM's UK and Ireland Systems Technology Group: its vice-president Shaun Coulson has handed control of the unit to Tosca Colangeli amid channel talk of collapsing server sales. Colangeli is a ten-year-plus IBM veteran who most recently served as veep for Big Blue's Computer Services …
Paul Kunert, 22 May 2013

Your eyeballs bagged Google $50 BEEELLION in 2012

Haters who gloated over the surprise dip in Google's revenues last quarter can stop now, as the Chocolate Factory has posted strong results for its fourth quarter and for fiscal 2012 as a whole. For the twelve months that ended on December 31, 2012, Google brought in an impressive $50.2bn in revenue, the company said in a …
Neil McAllister, 23 Jan 2013

FalconStor on 13th quarterly loss: 'Unpredictable' OEM dragged us down

FalconStor has blamed "unpredictable performance" from one of its biggest Chinese OEM partners for the dent in its first quarter revenues. It has now totted up 13 loss-making quarters - although last quarter saw a boost in revenues - and the storage virtualisation supplier's lot is not a happy one. The company is trudging uphill …
Chris Mellor, 01 May 2013
NetApp quarterly revenues to Q3 fy2013

Array-flogger NetApp: Don't worry sir, we'll look after your data

NetApp has recorded recession-proof results with increased revenues and profits, and it sees more coming as it develops a strategy of becoming a data manager for its customers, wherever that data resides. Revenues for NetApp's third fiscal 2013 quarter, ended 25 January 2013, were $1.63bn, 4 per cent higher than a year ago. Net …
Chris Mellor, 15 Feb 2013

EMC flat-lining as economy continues to circle drain

EMC has scraped year-on-year revenue and profit hikes for its third 2012 quarter but reported ever-so-slightly lower numbers than the second quarter, a pattern not seen in the past two years. Quarterly revenues were $5.28bn with net profits of $626m. This revenue was up 6 per cent year-on-year and down 0.56 per cent sequentially …
Chris Mellor, 24 Oct 2012

SanDisk: Yargh, nobody does SD-cards bundled with phones anymore

We thought the flash storage market was booming, but even so SanDisk came within a whisker of making a loss in its second quarter as revenues of $1.03 billion tumbled 25 per cent annually and 14 per cent compared to the first quarter. The profit was just $13 million, compared to $114.3 million the previous quarter. Revenues fell …
Chris Mellor, 20 Jul 2012
channel

Microsoft's 'record' quarter can't match Apple

If Microsoft hoped that reporting "record" quarterly results would send its stock skywards in Apple-like fashion, then it hoped in vain. On Thursday, the software giant announced fiscal-third-quarter revenues of $14.5bn, a 6.2 per cent leap from the same quarter last year, while net income rose 34.5 per cent to $4bn. Earnings …
Gavin Clarke, 23 Apr 2010

Brocade drill-down: Replacement for Klayko in the wings

Storage networking and Ethernet supplier Brocade has done good, with record fourth quarter and full year results; pats all round boys. But you're still stuck in a mature market rut with no breakout yet visible. Quarterly statements from publicly-quoted storage companies provide a clear snapshot of how they are doing; there's no …
Chris Mellor, 26 Nov 2012

OCZ omnishambles leaves flash chippery biz on knife-edge

Flash supplier OCZ does not yet know its sales for the last two quarters nor whether it's made a profit or a loss, and had just $2 million net cash left in the bank at the end of 2012. It's an omni-shambles and it could get tossed out of Nasdaq. The memory chip company cannot make sense of its own financial records and is …
Chris Mellor, 05 Feb 2013
channel

NetApp gloats over storming fourth quarter

With a storming fourth quarter and year NetApp's 2011 fiscal year revenues grew 30 per cent as the company revelled in its server virtualisation storage business. It recorded fourth quarter revenues of $1.43bn, up from $1.27bn a year ago and 11 per cent sequentially. Net income was $160.6m, up from $145.1m a year ago. The full …
Chris Mellor, 26 May 2011
chart

NetApp rides stiff rise in sales but profits droop

NetApp saw off its last quarter's major account weakness and grew third quarter revenues to $1.57bn, though profits dropped 35.5 percent. Total revenues of $1.566bn compare to $1.268bn a year ago, up 23.5 per cent, while profits of $120m compare to third quarter fiscal 2011 profits of $186m, reflecting a tougher competitor …
Chris Mellor, 17 Feb 2012
Fujitsu K supercomputer

Big bad boxes drive explosive growth for HPC in Q3

The server market as a whole is having its issues, with both virtualization and the jittery global economy holding down physical box counts – and therefore revenues – more than they might otherwise be. But the supercomputer market is chugging right along. Networks keep getting faster, virtualization has yet to touch its boxes, …
LIFE_SUPPORT_HEART_AND_LUNG_MACHINE

SanDisk jolted out of flatline after Q3 flash storage shock

SanDisk is putting its poor first and second quarter results behind it, as the flash storage supplier returns to selling stuff customers want and starts growing revenues and profits again. A total of $1.27bn in revenue came in in SanDisk's third calendar 2012 quarter, with net income of $77m. Comparing it with the year-ago …
Chris Mellor, 19 Oct 2012
Northamber

Northamber lay-offs put it in the red

Northamber headed itself off from reporting a profit for the third quarter after it trimmed its workforce in the face of declining sales of volume products. The veteran distie said in a trading statement yesterday it enjoyed an "encouraging" quarter but in typical Eeyore-ish style said it is too early to determine if "green …
Joe Fay, 27 Apr 2012
channel

EMC's double-digit growth run will finish this quarter

Storage industry bellwether EMC has delivered its 21st consecutive double digit growth quarter with revenues of $3.76bn for the third quarter. These are up 13 per cent on last year's revs, which were $3.3bn. But the company is forecasting low single-digit growth next quarter. GAAP net income for the quarter to the end of …
Chris Mellor, 22 Oct 2008
DVD it in many colours

Intel beats Q1 expectations, jacks up revenue forecast

Intel crept in over expectations with its Q1 results today, though its silicon business dipped 2 per cent on the previous year's slightly longer quarter. The chip giant characterized its Q1 performance as a "solid start" to the year, and was bullish enough to jack up its expectations for the second quarter. Revenues were $12. …
Joe Fay, 17 Apr 2012

Rackspace rides OpenStack, lassos chubby, cloudy cash cow

Rackspace Hosting is doing something right – many things, actually – as proven by its latest financial report that revealed hefty increases in customers, revenues, and profits. The company started out small, and has only recently entered the ranks of large enterprises with its dedicated hosting and now cloud computing services …
The Register breaking news

Symantec secures profit rise as revenues fall

The good ship Symantec has adjusted to the recession and is making 19 per cent more profit despite three per cent lower revenue. For its second 2010 quarter revenues were $1.47bn; they were $1.52bn a year ago, while net income was $150m, compared to $126m previously. The $24m profit increase was down mostly to cost-cutting. …
Chris Mellor, 29 Oct 2009
WD RE4 Enterprise disk drive

Punch-drunk Xyratex takes another beating, expects Q4 loss

UK data-storage company Xyratex can't seem to catch a break. Yesterday it copped to a quarterly revenues slump of 24 per cent year-on-year – due to product and equipment quality issues, and weakened enterprise demand – and it also reckons that disk drive sales are heading for a fall. That's not very good news for Xyratex, which …
Chris Mellor, 03 Oct 2012