Emulex Corp.: The maker of computer connectivity...
From Times Staff and Wire Reports
Emulex Corp.: The maker of computer connectivity and storage devices said it lost $1 million in the fiscal year, contrasted with a $13.3-million profit last year. Revenue fell 19% to $120.5 million. Fourth-quarter earnings of $1 million were down 55% from last year, and quarterly sales were off 12% to $32.5 million. Costa Mesa-based Emulex said the results reflected softness in the overall computer market.
