LONGMONT, Colo., March 14, 2013 (GLOBE NEWSWIRE) -- Dot Hill Systems Corp. (Nasdaq:HILL) reported financial results for the fourth quarter and year ended December 31, 2012. Non-GAAP Financial and Operational Highlights:
- Net revenue from Vertical Markets grew 38% on a year-over-year basis compared to 2011;
- The Company's Server OEM annual revenue, excluding its largest customer, was up almost 12% in 2012 from 2011;
- Fourth quarter 2012 gross margins were 28.3%, compared to 25.4% for the same period in 2011.