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.
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