Storage network company McData ( MCDT) raised its first-quarter earnings and revenue estimates for a second time Tuesday.

The Broomfield, Colo., hardware company expects to earn at least 4 cents a share on a GAAP basis, with revenue of $102 million to $103 million in the quarter ended April 30. Before various items, McData expects to earn 5 cents a share in the quarter.

In March, the company had raised revenue guidance to $92 million to $97 million, and GAAP earnings guidance to 2 cents to 4 cents a share.

McData's shares closed Monday night at $10.06.

If you liked this article you might like

Spain to Play Netherlands for World Cup

Spain to Play Netherlands for World Cup

Wal-Mart: Analysts' Upgrades, Downgrades

Wal-Mart: Analysts' Upgrades, Downgrades

Netherlands Advances to World Cup Final

Netherlands Advances to World Cup Final

Apple: Analysts' Upgrades, Downgrades

Apple: Analysts' Upgrades, Downgrades

World Markets Mostly Lower Monday

World Markets Mostly Lower Monday