Fusion-io beats by $0.04, beats on revs; guides Q4 revs above consensus; guides FY12 revs above consensus (FIO) 28.98 +0.92 : Reports Q3 (Mar) earnings of $0.06 per share, $0.04 better than the Capital IQ Consensus Estimate of $0.02; revenues rose 40.0% year/year to $94.2 mln vs the $85.66 mln consensus. Co issues upside guidance for Q4, sees Q4 revs of flat sequentially calc to $94.2 vs. $89.18 mln Capital IQ Consensus Estimate. Co issues upside guidance for FY12, sees FY12 revs of +75% YoY growth calc to ~$345 mln vs. $333.33 mln Capital IQ Consensus Estimate. Q4 Non-GAAP gross margin is expected to be in the range of 53 to 55%. FY12 Non-GAAP gross margin is expected to be in the range of 53 to 55%. "Our commitment to continued innovation is illustrated by the introduction of our software development kit, or SDK, which provides developers with new programming primitives to simplify application development and unlock the true potential of flash. This extends the innovation of ioMemory to our strategic development partners who can now add game-changing performance improvements and differentiation in their respective markets."
I don't really care about AH. CMI last quarter was down 5% AH and closed the next day up 20%. Why do i have to care what happens AH. Looking at the quarter it's a stellar quarter. If people are selling that's fine, But it won't stay down long. SSD's are an exciting space and obviously news errors started to cause this. The stock was up to 32 after the release. I'd expect that We move back towards that area. Look at AKPT last quarter. Stock closed at 30. traded down to 25 premarket opened at 27 and closed at 35. W/E, you can call AH the end all be all, but i see the report and know it's about as good as they come.