Brocade Communications Systems
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Brocade Communications Systems's revenues will grow 0.5% and EPS will shrink 0.0%.
The average estimate for revenue is $545.8 million. On the bottom line, the average EPS estimate is $0.15.
Last quarter, Brocade Communications Systems booked revenue of $588.7 million. GAAP reported sales were 5.0% higher than the prior-year quarter's $560.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.21. GAAP EPS were -$0.05 for Q1 against $0.12 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 63.5%, 200 basis points better than the prior-year quarter. Operating margin was 15.8%, 340 basis points better than the prior-year quarter. Net margin was -3.6%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $2.27 billion. The average EPS estimate is $0.68.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 718 members out of 762 rating the stock outperform, and 44 members rating it underperform. Among 103 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 95 give Brocade Communications Systems a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Brocade Communications Systems is hold, with an average price target of $6.30.
Internet software and services are being consumed in radically different ways, on increasingly mobile devices. Does Brocade Communications Systems fit in anymore? Check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Brocade Communications Systems to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. 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.
More from The Motley Fool
3 Things Extreme Networks, Inc.'s Management Wants You To Know
After presenting stellar fourth quarter results, the enterprise networking expert's management sat down with analysts to clarify its competitive position and the near-term future of its profit margins.
Extreme Networks Closed the Avaya Deal. Now What?
The network equipment specialist is building a bigger and more perfect beast, one buyout at a time.
How Risky Is Extreme Networks, Inc.?
The network equipment company is building a much larger and more complete beast through a basket of pending acquisitions.