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QLogic announces Q3, posts profit

And speaking of vendors and quarterly announcements, QLogic announced this week. Highlights from their release

    QLogic logo

  • Third Quarter Highlights
  • Net revenue increased 4% from the comparable quarter last year to $163.7 million.
  • Net income: $30.8 million GAAP, $42.5 million non-GAAP.
  • Net income per diluted share: $0.24 GAAP, $0.34 non-GAAP.
  • Cash generated from operations was $49.9 million.

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