UPDATE: Fusion-io Posts Upbeat FQ4 Results
Fusion-io (NYSE: FIO) posted a loss in the fiscal fourth-quarter.
Fusion-io posted a quarterly loss of $2.4 million, or $0.03 per share, versus a year-ago profit of $5.8 million, or $0.06 per share. Excluding one-time items, Fusion-io earned $9.8 million, or $0.09 per share.
Its revenue rose to $106.6 million from $71.7 million. However, analysts were expecting earnings of $0.03 per share on revenue of $96 million.
Fusion-io shares closed at $21.02 yesterday.
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