EMC ( EMC) matched third-quarter targets and guided toward an in-line fourth-quarter performance as well.

The Hopkinton, Mass., storage company made $422 million, or 17 cents a share, for the quarter ended Sept. 30, up from the year-ago $218 million, or 9 cents a share. Excluding a 4-cent-a-share tax benefit, the latest quarter beat the Thomson First Call analyst consensus estimate by a penny.

Revenue rose 17% from a year ago to $2.37 billion, in line with estimates.

"Few companies in our industry have been able to match the record of consistency and execution that EMC has achieved so far this year," said CEO Joe Tucci.

Indeed, EMC then proceeded to offer fourth-quarter guidance that exactly matched the Thomson First Call estimate. EMC expects to make 16 or 17 cents a share on revenue of $2.68 billion.

Early Wednesday, EMC was flat at $13.24.

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