Brocade Communications Systems, Inc. (NASDAQ:BRCD) reported earnings of $0.16 per share missing Walls Streets expectations.

ME Staff
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Brocade Communications Systems, Inc. (NASDAQ:BRCD) reported Q3 17 earnings this Afternoon, coming in at $0.16 per share, missing Wall Street’s estimates of $0.17 per Share. Revenue for the quarter came in at $549.00 million missing the streets estimates of $614.10 million

Analyst Coverage For Brocade Communications Systems, Inc. (NASDAQ:BRCD)
These are 1 Sell Rating, 12 Hold Ratings .
The current consensus rating for Brocade Communications Systems, Inc. (NASDAQ:BRCD) is Hold (Score: 1.92) with a consensus target price of $11.33 , a potential (7.10% downside)

Recent Insider Trading for Brocade Communications Systems, Inc. (NASDAQ:BRCD)

  • On 6/14/2017 Ellen Odonnell, SVP, sold 7,811 with an average share price of $12.64 per share and the total transaction amounting to $98,731.04.
  • On 6/9/2017 Ken Cheng, SVP, sold 200,000 with an average share price of $12.62 per share and the total transaction amounting to $2,524,000.00.
  • On 6/8/2017 Ken Cheng, SVP, sold 68,488 with an average share price of $12.62 per share and the total transaction amounting to $864,318.56.
  • On 3/22/2017 Lloyd Carney, CEO, sold 1,050,916 with an average share price of $12.47 per share and the total transaction amounting to $13,104,922.52.
  • On 3/14/2017 Ellen Odonnell, SVP, sold 6,345 with an average share price of $12.37 per share and the total transaction amounting to $78,487.65.
  • On 12/14/2016 Lloyd Carney, CEO, sold 649,309 with an average share price of $12.40 per share and the total transaction amounting to $8,051,431.60.



Dividend History for Brocade Communications Systems, Inc. (NASDAQ:BRCD)

  • On 8/24/2017 announced a quarterly dividend of $0.06 with an ex dividend date of which will be payable on 9/11/2017.
  • On 5/25/2017 announced a quarterly dividend of $0.06 1.74% with an ex dividend date of 6/8/2017 which will be payable on 6/12/2017.
  • On 2/23/2017 announced a quarterly dividend of $0.06 1.78% with an ex dividend date of 3/8/2017 which will be payable on 3/10/2017.
  • On 11/21/2016 announced a quarterly dividend of $0.06 with an ex dividend date of 12/8/2016 which will be payable on 12/12/2016.
  • On 8/25/2016 announced a quarterly dividend of $0.06 with an ex dividend date of 9/7/2016 which will be payable on 9/9/2016.
  • On 5/19/2016 announced a quarterly dividend of $0.06 with an ex dividend date of 6/8/2016 which will be payable on 6/10/2016.
  • On 2/17/2016 announced a quarterly dividend of $0.05 with an ex dividend date of 3/8/2016 which will be payable on 3/10/2016.



Recent Trading for Brocade Communications Systems, Inc. (NASDAQ:BRCD)
Shares of Brocade Communications Systems, Inc. closed the previous trading session at 12.19 down -0.06 -0.49% with 6,641,020 shares trading hands.