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Brocade Cuts Q2 Revenue Outlook

Brocade (BRCD) announced preliminary financial results for its second fiscal quarter ended April 27, 2013.

Brocade said it anticipates second quarter non-GAAP earnings per share of $0.15 to $0.16 and revenue in the range of $536 million to $541 million.

Analysts currently expect second quarter earnings of $0.15 per share and revenues of $565.36 million.

Previously, the company expected second quarter non-GAAP earnings of $0.14 to $0.16 per share and revenue of $555 million to $575 million.

by RTTNews Staff Writer

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