
Fusion-IO Fails to Deliver Expected Profits in Third Quarter
Following 2Q14 (Dec) results, many analysts are reiterating a Hold rating. On one hand, the company was able to exceed 2Q14 guidance. However, the company is still unprofitable and is guiding 3Q14 results to include an even greater loss. At this time, the company has no clear path to profitability other than a 35%-40% increase in revenue. Said differently, the company has yet to prove … Continue reading Fusion-IO Fails to Deliver Expected Profits in Third Quarter