Scalper1 News
Fusion-io (FIO) stock jumped Thursday after the company beat Wall Street’s fiscal Q2 forecasts, posting a smaller loss than analysts expected and guiding for a return to sales growth in the current quarter. Fusion-io says it expects current-quarter sales “in line to slightly up” from last quarter. That “would represent a return to year-over-year growth following four consecutive quarters of declines,” William Blair analyst Jason Alder pointed out Scalper1 News
Scalper1 News