Updated from 4:53 p.m. ESTQLogic ( QLGC), which preannounced stronger-than-expected third-quarter results earlier this month, announced final numbers Wednesday that still exceeded recently raised analyst estimates. The company also said fourth-quarter results should come in higher than analysts are currently projecting. The Aliso Viejo, Calif.-based storage equipment vendor earned a profit of $43.4 million, or 46 cents per share, in the quarter, which ended Dec. 26. That was up from $35 million, or 36 cents per share, a year ago. Excluding merger-related stock compensation charges and legal settlements from last year only, third-quarter income totaled $45.1 million, or 48 cents per share, up from non-GAAP income of $37.9 million, or 39 cents a share, in the year-earlier period. That beat by a penny the latest consensus estimate among analysts, who raised their numbers considerably after the company's preannouncement Jan. 11, according to Thomson First Call. On a GAAP basis, analysts were expecting earnings of 45 cents a share. Revenue in the December quarter was $150.3 million, up 10% from the $137.1 million reported in the comparable quarter last year. That beat recently raised analysts' estimates calling for third-quarter sales of $149.4 million. QLogic cited double-digit sequential growth for switches and host bus adapters as the primary source of the revenue growth. While QLogic's numbers beat analyst estimates, they hit the high end of the company's updated guidance provided earlier this month. At that time, QLogic said it expected third-quarter revenue to range from $148 million to $150 million, up from previous guidance of $136 million to $143 million. The company said GAAP net income would be approximately 44 cents to 46 cents a share, up from an earlier forecast of 36 cents to 39 cents a share. On a non-GAAP basis, QLogic upped its forecast to a range of 46 cents to 48 cents a share, from an earlier range of 38 cents to 41 cents a share.