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QLogic posts lower 2Q profit as sales slump

Source: Palm Beach Post
Aliso Viejo : CA : USA | about 1 month ago  
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Calif. — Network equipment maker QLogic Corp. said Wednesday its fiscal second-quarter profit declined as revenue fell, but the company said it is "cautiously optimistic" given signs of stability and early indicators of recovery in its business. For the three months ended Sept. 27, the company...
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