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QLogic Executives to Present at February Investor Conferences
ALISO VIEJO, Calif., Jan. 31, 2012 (GLOBE NEWSWIRE) -- QLogic (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced that QLogic senior executives will present at the following investor conferences in February:
• Stifel Nicolaus Technology & Telecom Conference 2012
Tuesday, February 7
2:40 p.m. Pacific Time
The St. Regis Monarch Beach, Dana Point, Calif.
• Goldman Sachs Technology & Internet Conference
Tues...
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QLogic Reports Third Quarter Results for Fiscal Year 2012
ALISO VIEJO, Calif.--(BUSINESS WIRE)--Jan. 26, 2012--
QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance
network infrastructure solutions, today announced its third quarter
financial results for the period ended January 1, 2012.
Third Quarter Highlights
Net revenue: $152.7 million
GAAP net income: $30.0 million or $0.30 per diluted share
Non-GAAP net income: $36.3 million or $0.36 per diluted share
Operating margin: 21.9% GAAP, 27.9% non-GAAP
Cash generated from operations: $52.3 million
Fin...
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QLogic Announces Definitive Agreement to Sell InfiniBand Assets for $125 Million
ALISO VIEJO, Calif.--(BUSINESS WIRE)--Jan. 23, 2012--
QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance
network infrastructure solutions, today announced a definitive agreement
to sell the product lines and certain assets associated with its
InfiniBand business to Intel Corporation for $125 million in cash. The
sale is expected to close within this quarter, following the
satisfaction of regulatory requirements and other customary closing
conditions.
“The sale of these InfiniBand assets will benefit our shareholders by
enabling us to provide better focus and greater investment in growth
opportun...
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QLogic to Announce Third Quarter Fiscal Year 2012 Results
Teleconference Scheduled for Thursday, January 26 at 2 p.m. Pacific
ALISO VIEJO, Calif., Jan. 11, 2012 (GLOBE NEWSWIRE) -- QLogic (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, plans to announce its third quarter fiscal year 2012 results after the close of the market on Thursday, January 26, 2012.
Following the press release, QLogic will conduct a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Simon Biddiscombe, president and chief executive officer, and Jean Hu, senior vice president and chief financial officer, will host the call, which will be webcast live at http://ir.qlogic.com and www.earnings.com. Phone access will be ...
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QLogic Executives to Present at 14th Annual Needham Growth Conference
ALISO VIEJO, Calif., Dec. 22, 2011 (GLOBE NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced that QLogic senior executives will present at the following investor conference in January:
14th Annual Needham Growth Conference
Thursday January 12
11:20 a.m. Eastern Time
The New York Palace, New York City
Follow QLogic @ twitter.com/qlogic
About QLogic
QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high performance networking, including adapters, switches and ASICs. Leading OEMs and channel partners worldwide rely on QLogic products for their data, storage and se...
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QLogic Interconnects Highest Performing Cluster in the World Based on the Future Intel Xeon Processor E5 Family
QLogic 12000 Series Switches and 7300 Series Adapters Connect Top-Ranking Lawrence Livermore Labs Cluster in TOP500 List of World's Fastest Supercomputers
ALISO VIEJO, Calif., Dec. 12, 2011 (GLOBE NEWSWIRE) -- Thanks to the superior Message Passing Interface (MPI) rate, collective performance, scalable latency and effective bandwidth of its TrueScale® InfiniBand® architecture, QLogic (Nasdaq:QLGC) today announced that its 12000 Series switches and 7300 Series adapters have helped propel a cluster at Lawrence Livermore National Laboratory (LLNL) to the number 15 position on the recently-announced list of the top 500 supercomputers in the world.
The cluster, known as "Zin," is the largest...
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QLogic Extends Industry-Leading Five-Year Adapter Warranty to 10Gb Ethernet Products
Raises the Stakes With Industry's Only Complete Portfolio of Fibre Channel and 10Gb Ethernet Adapters Backed by Five-Year Protection
ALISO VIEJO, Calif., Dec. 8, 2011 (GLOBE NEWSWIRE) -- Building on its heritage of reliable storage area network (SAN) solutions, QLogic (Nasdaq:QLGC) today announced it has extended its industry-leading five-year Fibre Channel adapter warranty to include QLogic-branded 10Gb Ethernet adapters. Now delivering the industry's only portfolio of Fibre Channel, 10Gb Intelligent Ethernet and converged networking adapters (CNAs) to be backed by a five-year standard warranty, QLogic is raising the bar for reliability in data and storage networking and helping customers ...
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QLogic Gains Market Share in Both Fibre Channel and 10Gb Ethernet Adapter Markets
Most Recent Reports From Leading Analyst Firms Confirm Overall Market Strength and QLogic Share Gains in Both Fibre Channel and 10Gb Ethernet Adapter Markets
ALISO VIEJO, Calif., Nov. 17, 2011 (GLOBE NEWSWIRE) -- QLogic (Nasdaq:QLGC) today announced that Crehan Research and Dell'Oro Group have confirmed QLogic® global market share gains in both the Fibre Channel adapter market and the market for 10Gb Ethernet adapters, or network interface cards (NICs).
According to the Dell'Oro Group 3Q11 SAN report, year-to-date 2011 Fibre Channel adapter port shipments achieved all-time, record-high levels in the first three quarters of 2011. And according to Dell'Oro Group's five-year forecast repor...
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QLogic Executives to Present at Barclays Capital Global Technology Conference
ALISO VIEJO, Calif., Nov. 16, 2011 (GLOBE NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced that QLogic senior executives will present at the following investor conference in December:
Barclays Capital Global Technology Conference
Wednesday, December 7
2 p.m. Pacific Time
The Palace Hotel, San Francisco
Follow QLogic @ twitter.com/qlogic
About QLogic
QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high performance networking, including adapters, switches and ASICs. Leading OEMs and channel partners worldwide rely on QLogic products for their data, storage an...
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QLogic Announces Approval of a Stock Repurchase Program for an Additional $200 Million
ALISO VIEJO, Calif.--(BUSINESS WIRE)--Nov. 15, 2011--
QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance
network infrastructure solutions, today announced that its board of
directors has authorized a program to repurchase up to an additional
$200 million of the company’s outstanding common stock over a period of
up to two years from the conclusion of the current stock repurchase
program.
Follow QLogic @ twitter.com/qlogic
About QLogic
QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high
performance networking, including adapters, switches and ASICs. Leading
...
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