Xyratex (NASDAQ:XRTX) released its earnings data on Monday. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.15, StockRatingsNetwork.com reports. The company had revenue of $185.30 million for the quarter, compared to the consensus estimate of $208.73 million. During the same quarter last year, the company posted ($0.24) earnings per share. Xyratex’s revenue was down 30.2% compared to the same quarter last year.
Shares of Xyratex (NASDAQ:XRTX) opened at 13.20 on Tuesday. Xyratex has a 52 week low of $8.94 and a 52 week high of $13.52. The stock has a 50-day moving average of $11. and a 200-day moving average of $10.84. The company’s market cap is $363.8 million.
The company also recently declared a quarterly dividend, which is scheduled for Monday, February 17th. Investors of record on Tuesday, February 4th will be given a dividend of 0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 2.27%.
On the ratings front, analysts at Brean Capital downgraded shares of Xyratex from a “buy” rating to a “hold” rating in a research note to investors on Tuesday.
Xyratex Ltd. (NASDAQ:XRTX) is a provider of modular enterprise-class data storage subsystems and storage process technology.
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