Brocade
Higher than Expected Quarterly Earnings Reported by Brocade
Submitted by Seher Dhillon on Tue, 11/24/2009 - 10:27On Monday, network equipment manufacturer Brocade Communications Systems Inc. posted much higher than expected quarterly profits, beating all estimates pegged by analysts and economists, despite rising concerns about tough competition expected to be posed by a series of mergers and acquisitions undertaken by rivals.
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