Brocade Reports Fiscal Q3 2015 Results

SAN JOSE, CA--(Aug 20, 2015) - Brocade ® ( NASDAQ : BRCD ) today reported financial results for its third fiscal quarter ended August 1, 2015. Brocade reported third quarter revenue of $552 million, up 1% year over year and up 1% sequentially. The Company reported GAAP diluted earnings per share (EPS) of $0.21, up from $0.20 in Q3 2014 and up from $0.18 in Q2 2015. Non-GAAP diluted EPS was $0.27 for Q3 2015, up from $0.23 in Q3 2014 and up from $0.22 in Q2 2015. Tax benefits recognized in Q3 2015 increased both GAAP and non-GAAP diluted EPS by approximately $0.02 in the quarter.

"I am pleased with our Q3 2015 financial results as we delivered improved profitability and higher revenue year over year," said Lloyd Carney, CEO of Brocade. "Our IP Networking revenue growth of 16% continues to outpace the market with strong performance from both service provider and U.S. federal customers. As the storage market evolves, our SAN business continues to demonstrate the vital role of Fibre Channel as customers connect both traditional disk storage and next-generation flash arrays. Brocade is well positioned with our customers, partners, and products heading into the final quarter of our fiscal year."

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Cadence Reports Second Quarter 2015 Financial Results

Cadence Announces New Stock Repurchase ProgramSAN JOSE, Calif., July 27, 2015  -- Cadence Design Systems, Inc. (CDNS) today announced results for the second quarter of fiscal year 2015.

Cadence reported second quarter 2015 revenue of $416 million, compared to revenue of $379 million reported for the same period in 2014.  On a GAAP basis, Cadence recognized net income of $58 million, or $0.19 per share on a diluted basis, in the second quarter of 2015, compared to net income of $23 million, or $0.08 per share on a diluted basis, for the same period in 2014.

Using the non-GAAP measure defined below, net income in the second quarter of 2015 was $85 million, or $0.27 per share on a diluted basis, as compared to net income of $64 million, or $0.21 per share on a diluted basis, for the same period in 2014.

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Celestica Announces Second Quarter 2015 Financial Results

(All amounts in U.S. dollars. Per share information based on diluted shares outstanding unless otherwise noted.)

TORONTO, July 23, 2015  - Celestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced financial results for the second quarter ended June 30, 2015.

Second Quarter 2015 Highlights

  • Revenue: $1.42 billion, within our guidance range of $1.35 billion to $1.45 billion (announced April 21, 2015), increased 9% sequentially and decreased 4% compared to the second quarter of 2014
  • Revenue from our diversified end market represented 28% of total revenue, consistent with the second quarter of 2014
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Marketo Announces Second Quarter 2015 Results

SAN MATEO, Calif., July 23, 2015 -- Marketo, Inc. (MKTO), the leading provider of engagement marketing software and solutions, today announced its second quarter 2015 financial results.

Second Quarter Highlights:

  • Revenue increased 41 percent year over year to $50.7 million
  • Deferred revenue increased 52 percent year over year to $80.6 million
  • Calculated billings increased 48 percent year over year to $64.4 million
  • Generated cash flow from operations of $10.0 million
    Read more: Marketo Inc ( MKTO )

Sanmina Reports Third Quarter Fiscal 2015 Results

SAN JOSE, Calif., July 20, 2015 -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ GS: SANM), a leading integrated manufacturing solutions company, today reported financial results for the third fiscal quarter ended June 27, 2015.

Third Quarter Fiscal 2015 Summary