Update: Brocade Leaves Earlier Guidance Unchanged

(Updated from 4:23 p.m. ET)

Brocade (BRCD Quote) said it earned 5 cents a share in the second quarter ended April 28, in line with analysts' reduced expectations.

Revenue jumped 86% to $115.2 million from $62.1 million a year earlier.

Analysts' estimates for the fiscal second quarter have come down considerably in the past month. The storage-infrastructure company warned in late April that earnings would come in at 5 cents to 6 cents a share and that revenue would fall 30% from the fiscal first quarter. Prior to the warning, analysts had expected the company to earn 11 cents a share. ...