BUZZ-Emulex Corp: Estimates Q1 revenue above forecast

miércoles 15 de octubre de 2014 10:23 GYT

** Chipmaker's shares up 8 pct at $4.85, to be third-biggest percentage gainer on NYSE

** Company estimates Q1 revenue of $102 million-$104 million, above forecast of $93 million-$99 million

** Analysts on average were expecting $96.4 million - Thomson Reuters I/B/E/S

** "Solid performance" across fiber channel and ethernet product lines - CEO Jeff Benck

** Up to Tuesday's close, stock had fallen about 37 pct this year