Brocade Tops Bottom Line

Updated from 4:56 p.m. EDT

Storage networking-gear maker Brocade (BRCD Quote) exceeded second-quarter EPS earnings expectations and nearly doubled revenue, aided by its acquisition of McData.

This was Brocade's first full quarter after closing the nearly $1 billion acquisition of its smaller rival in January.

But Brocade said Thursday that it earned $800,000, or break-even EPS, compared with income of $13.5 million, or 5 cents a share a year ago, including items and related income tax adjustments from the McData buy. ...