Wednesday, January 25, 2012

Disappointing Margins Crush Fusion-io: Storage Wars Heat Up

Though Fusion-io (FIO) reported earnings that slightly beat estimates and revenue that handily beat estimates, the stock sold off 13% after hours. With 170% year-over-year revenue growth, the report made clear that the move to flash memory storage was gaining steam.

Fusion-io provided revenue guidance for the next quarter that easily surpassed the Capital IQ analyst consensus, but that might also be weighing on the stock as investors tend to prefer more growth than basically flat sequential guidance.


Read full article at Seeking Alpha.


Disclosure: Long OCZ. Please review the disclaimer page for more details. 



2 comments:

document shredding los angeles said...

It depends on the need to store data. There are also other options for the file.

Angeline said...

I agree. There are lots of ways to do document records management. You can always hire a company or you can buy online storage. It depends on what files you have to store.