Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Brocade Communications Systems
So what: Revenue edged up slightly to $550 million from $549 million in last year's Q4. Adjusted profits improved 23% to $0.16 a share. Analysts were expecting $527.4 million and $0.10 a share, respectively, according to data compiled by Yahoo! Finance.
Now what: Brocade, which competes with Cisco
Interested in more information about Brocade Communications? Add it to your watchlist by clicking here.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
The Motley Fool owns shares of Cisco Systems. The Fool owns shares of and has created a bull call spread position on Cisco Systems. Motley Fool newsletter services have recommended buying shares of Cisco Systems. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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