Brocade Communications Systems (BRCD) reported second quarter non-GAAP EPS of $0.17 after the bell Thursday, up from $0.15 last year. The consensus estimate was for EPS of $0.15. Revenues for the quarter were $538.78 million, compared with $543.44 million last year. The consensus estimate was for revenues of $544.24 million. The stock is now down 0.26 on 272K shares.
Brocade Communications Systems climbed around mid-morning Thursday and finished up by 0.12 at $5.74. The stock rose to a 2-week high and re-crossed both its 50 and 200-day moving averages.
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