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Fusion-IO Shares Tumble on Outlook

Stock Researching
Publish date: Thu, 24 Oct 2013, 11:30 AM
Stock Researching
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From Liston Street Pulse:

Shares of Fusion-IO Inc. (FIO), a provider of datacenter solutions, have plunged in trading today after the company gave a weak outlook for its second quarter. The company also announced that its CFO, Dennis Wolf resigned. FIO's first-quarter revenue tumbled 27% to $86.3 million, falling well short of consensus forecast […]

The post Fusion-IO Shares Tumble on Outlook appeared first on Liston Street Pulse.

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