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Article: Voltaire Announces 35% Sequential Revenue Growth in Third Quarter 2009.(Financial report)

Article from:
Investment Weekly News
Article date:
November 14, 2009
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Voltaire Ltd. (NASDAQ: VOLT), a leading provider of scale-out data center fabrics, announced financial results for the three- and nine-month periods ended September 30, 2009. Main Highlights (compared to second quarter 2009)

Gross profit reaches $7.4 million, compared to $5.7 million in second quarter 2009

Narrowed both operating and net loss, on 51.0% gross margin

Cash, cash equivalents and marketable securities at September 30, 2009 totaled $50.4 million

Reiterate 2009 annual revenue guidance of $50 million

Witnessing growing demand for 40 Gb/s InfiniBand director switches and Unified Fabric Manager software Financial ...

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