Total : 52 View more »
QLogic Corp. (QLGC), a supplier of network infrastructure solutions, announced it is a manufacturing and marketing partner for the new HP Virtual Connect 8Gb 20-port Fibre Channel module.
http://www.phoneplusmag.com/hotnews/qlogic-named-hp-virtual-connect-partner.html
The consensus estimate is 18c for EPS and $125.71M for revenue, according to First Call. QLogic's stock is up approximately 36% in the last three months.
http://seekingalpha.com/article/167889-earnings-preview-qlogic?source=yahoo
SAN FRANCISCO (MarketWatch) -- QLogic Corp. on Wednesday reported a fiscal second-quarter profit of $16.2 million, or 14 cents a share, on revenue of $131.5 million, compared with earnings of $27.2 million, or 20 cents a share, on sales of $171.2 million during the same period a year ago. Excluding
http://www.marketwatch.com/story/qlogic-earnings-fall-41-2009-10-21?siteid=yhoof2
The agreement with Ingram Micro fills a big hole in QLogic's channel at a time when the company is pushing hard on developing the FCoE market.
Total : 50 View more »
Nov 05, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called an Uptrend for QLogic (NASDAQ:QLGC) on August 12, 2009 at $14.66.
Since then, QLogic has returned 24.4% as of today's recent price of $18.23. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: market nasdaq profit securities trial
Companies: QLogic Corp. (QLGC)
PISCATAWAY, NJ, Nov 02, 2009 (MARKETWIRE via COMTEX) --
Blade.org, the premier open community dedicated to creating solutions based on the blade server platform pioneered by IBM and Intel, announced Alex Yost, vice president and business line executive for IBM System x and BladeCenter, will assume the role of chairman effective immediately. The Blade.org Board of Directors unanimously confirmed Yost for the position. Yost has been involved in Blade.org for a number of years, and was a natural choice for the chairman role.
"The Blade.org membership is driving client value through innovation and collaboration," said Yost. "Blade.org plays an essential role in bringing companies together and accelerating availability of new technologies."
"Alex's experience and leadership as IBM vice president and business line executive for System x and BladeCenter will be a great asset to the organization going forward, and he will bring new energy and new thinking to move Blade.org forward and into the next decade," said Doug Balog, Blade.org founder and chairman emeritus, serving for the past four years. Balog's role at IBM recently changed, and he now serves as vice president and business line executive for Disk Systems in IBM Storage.
Under Balog's leadership, Blade.org grew from an idea in 2005 to an industry-impacting organization today, bringing together a broad ecosystem of clients, hardware and software vendors, venture capitalists and other industry participants. Membership has more than doubled since 2006; and not only does Blade.org have a strong base of member firms, client membership is the largest it's been. In addition, the blade industry has enjoyed similar growth; during Balog's tenure, blade servers grew as a percent of the market to well over 20 percent.
The Blade.org Board of Directors also approved Emulex and QLogic to fill two vacant Governing Board seats. Both companies have been engaged in Blade.org since February 2006.
Taufik Ma, Emulex's vice president of Product Management, will be the primary representative from Emulex to the Blade.org Governing Board. Members of Taufiks' team have been very active in Blade.org, taking on roles such as chairing the Blade.org Solutions Committee; contributing technical expertise to Blade.org white papers; hosting Blade.org webinars; and emceeing the 2009 Blade.org Technology Symposium.
"Emulex recognizes the value provided to members of Blade.org in developing solutions for the blade market," said Taufik Ma, Emulex. "We continue to collaborate with the Blade.org members to produce cutting edge blade server-based solutions that are fostered by the Blade.org ecosystem, which is focused on delivering valuable solutions to blade computing customers."
QLogic's path to the Blade.org Board of Directors took a slightly different path. Prior to the acquisition of NetXen by QLogic, Vikram Karvat served as NetXen's representative on the Blade.org Board of Directors. After the successful acquisition and integration of NetXen earlier this year, QLogic is continuing the role NetXen began in 2007 as a steward of the blade server market.
"Since joining Blade.org more than three years ago, QLogic has collaborated closely with fellow members to drive innovation in the context of the blade server paradigm," said Karvat, senior director, Host Solutions Group, QLogic. "With more than 70 percent Fibre Channel mezzanine adapter market share, QLogic has made blade server platforms like IBM's BladeCenter a strategic focus for the company. It's a privilege for me to represent QLogic on the Blade.org board, where I hope to foster continued cooperation with other members in the development of interoperable Fibre Channel, Ethernet and Fibre Channel over Ethernet solutions in bladed environments."
The Blade.org Board of Directors now includes the American Power Conversion Corp., BLADE Network Technologies, Brocade, Emulex, IBM, Intel and QLogic.
About Blade.org
Blade.org is a collaborative vendor and end-use community focused on accelerating the development and adoption of blade server solutions. The organization provides leadership to the blade market and fosters a thriving industry ecosystem focused on delivering valuable solutions to blade computing customers. More information is available at www.blade.org.
Media Contact Lisa Galish galish@us.ibm.com (919) 486-2280
SOURCE: Blade.org
mailto:galish@us.ibm.com
Tags: acquisition adoption business community Ethernet executive hardware hosting market market share massachusetts media president product management software technology
Companies: International Business Machines Corp. (IBM)
Oct 29, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called an Uptrend for QLogic (NASDAQ:QLGC) on August 12, 2009 at $14.66.
Since then, QLogic has returned 24.2% as of today's recent price of $18.21. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: market nasdaq profit securities trial
Companies: QLogic Corp. (QLGC)
Oct 27, 2009 (Close-Up Media via COMTEX) --
QLogic, a supplier of high performance network infrastructure solutions, announced its second quarter financial results for the period ended September 27.
In a release dated October 21, the company stated:
- Net revenue for the second quarter of fiscal 2010 was $131.5 million compared to $171.2 million in the same quarter last year. Revenue from Host Products was $94.0 million during the second quarter of fiscal 2010 compared to $119.7 million in the same quarter last year. Revenue from Network Products was $24.5 million during the second quarter of fiscal 2010 compared to $29.8 million in the same quarter last year. Revenue from Silicon Products was $9.6 million during the second quarter of fiscal 2010 compared to $15.7 million in the same quarter last year.
- Net income on a GAAP basis for the second quarter of fiscal 2010 was $16.2 million, or $0.14 per diluted share, compared to $27.2 million, or $0.20 per diluted share, for the second quarter of fiscal 2009. Net income on a non-GAAP basis for the second quarter of fiscal 2010 was $25.1 million, or $0.21 per diluted share, compared to $45.2 million, or $0.34 per diluted share, for the second quarter of fiscal 2009.
"We are pleased with our strong financial performance during the second quarter, which was driven by a 7 percent sequential increase in revenue over our prior fiscal quarter. Our revenue performance, combined with effective operating expense management, yielded results that exceeded our guidance," said H.K. Desai, chief executive officer, QLogic. "We are cautiously optimistic given the signs of stability and early indicators of recovery we are experiencing in our business. We are encouraged by the improvements we experienced in order trends and shipments during the second quarter and believe we are well positioned to experience continued improvement in financial results."
((Comments on this story may be sent to newsdesk@closeupmedia.com))
Tags: business ceo financial results gaap products revenue
Companies: QLogic Corp. (QLGC)
Total : 1,698 View more »
The QLogic 8 Gb Intelligent Pass-thru Module for IBM BladeCenter provides seamless integration of an IBM BladeCenter solution into existing Fibre Channel storage networks using N_Port ID Virtualization (NPIV) technology.
Company | Products | Knowledge Center | Alliances | News & Events | Support Careers | Contact Us | Buy QLogic | Partner Login | Site Map | Download Drivers Website Terms and Conditions | Online Privacy Policy| Global Citizenship © 1994 - 2007 QLogic Corp.
...leader in ARCNET connectivity providing wiring hubs, network adapters, network analyzers and gateways to Ethernet. We...DeviceNet protocols. Contemporary Controls makes the network adapters and bus extenders for this rugged technology. EXTEND...
This white paper describes the results obtained from these performance tests, which can ... The package includes Apache 2, DB2 Express, DB2 Runtime Client, Cloudscape, PHP 5, and ...
Total : 806,000 View more »
QLogic, the leading brand name in Storage Area Networks (SANs), is the industry's only single source for all the components required to build a successful SAN. From Fibre Channel ...
QLogic Corporation Company Profile - View the latest news, market research, credit research, and investment research on QLogic Corporation Aliso Viejo CA United States http://www ...
http://www.alacrastore.com/company-snapshot/QLogic_Corporation-1082562
QLogic Corporation (NASDAQ:QLGC) simplifies the process of networking storage for OEMs, resellers and system integrators with the only end-to-end storage area network (SAN ...
Get detailed information on QLogic Corporation (QLGC) including quote performance, Real-Time ECN, technical chart analysis, key stats, insider transactions, and the latest company ...