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Emulex Preliminary 1FQ15 Revenue

$102 million to $104 million, better than expected

Emulex Corporation revised its preliminary revenue expectations for the first quarter of fiscal 2015 ending September 28, 2014 to a range of $102 million to $104 million.

The company had previously projected revenue within a range of $93 million to $99 million, as communicated during its fiscal fourth quarter earnings call on August 7, 2014.

I am pleased with our execution in the first quarter of 2015, evidenced by solid performance across multiple product lines including FC and Ethernet,” commented Jeff Benck, president and CEO. “While we continue to manage through some transitions in our business, we are well positioned with both a new GM of network visibility products in place and a broad set of I/O qualifications completed on next generation ‘Grantley-based’ servers at the world’s top OEMs. We look forward to expanding our 10GbE position as these new platforms ramp over the coming year.”

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