Fusion-io Inc. (FIO) reported second quarter adjusted EPS of $0.05 after the close Tuesday, compared to the loss of $0.08 in the prior year period. Revenue increased to $84.13 million from $31.22 million last year.
Fusion-io gapped open sharply lower Wednesday and has fallen below the morning's narrow range in the last 15 minutes on increased volume. Shares are now down 5.91 at $24.43. The stock has dropped to a 3-week low and has slipped below its 50-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.