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Data Center NetworkingQlogic Q1FY10 Earnings: Growth Engine NeededQlogic Q1FY10 Earnings: Growth Engine Needed
Since peaking at $171.2 million in Q2FY09, Qlogic revenues have declined for the third consecutive quarter by a total of $48.4 million. In my opinion the magnitude of the decline is an indicator that it's not all due to "the macro." I believe slowing Qlogic revenues also reflect the continuous decline of the Fibre Channel market thus the need for the company to build or buy an engine for growth.
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