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Brocade Teases Big September Router Launch

Mitch Wagner
8/26/2016

On its earnings call Thursday, Brocade provided a glimpse of a big -- and long-overdue -- router announcement coming in mid-September.

Brocade Communications Systems Inc. (Nasdaq: BRCD) didn't have a lot to say; only that it's announcing a new router based on the Broadcomm Jericho switch, designed for very dense 100Gbit/s deployments in large enterprises and service providers. It will incorporate strong visibility for analytics, and DevOps support based on Brocade's StackStorm acquisition this year. (See Brocade Buys StackStorm to Boost DevOps.)

Brocade's service provider router sales have been flat three consecutive quarters, bringing in $40.8 million quarterly revenue, down from $47.5 million in the year-ago quarter. Last quarter's slowdown was due to one of its largest service provider customers pausing buying after a big network rollout. This quarter, Brocade has been briefing hundreds of accounts on its new products, which created a stall in buying, company officials said, adding that the product line refresh was probably overdue by a year.

Brocade reported revenue up 7% year-over-year for the third quarter, to $591 million, with growth primarily driven by the acquisition of Ruckus Wireless, which closed May 27. (See Brocade Revenue Climbs on Ruckus Acquisition, But Earnings Fall Hard.)

— Mitch Wagner, Follow me on TwitterVisit my LinkedIn profile, Editor, Light Reading Enterprise Cloud

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bosco_pcs
bosco_pcs
8/26/2016 | 2:10:04 PM
Subtle but Great news
$BRCD is attempting to grow again and digesting Ruckus doesn't seem to distract it
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