recent addition to the S&P500, announced earnings of 28 cents a share for its fiscal third quarter, a better-than-expected performance.
The provider of network storage systems was expected to produce earnings per share of 26 cents, according to a survey of 10 analysts by
First Call/Thomson Financial
. In the same period last year, the company earned 20 cents a share.
QLogic posted revenue of $97.2 million, up 72% from the $56.4 million posted in the year-ago period.
In after-hours trading on
, QLogic recently traded at $90.81, up $3.50, or 4%.