Emulex Corp. Posts Gain: The Costa Mesa...
Emulex Corp. Posts Gain: The Costa Mesa computer products company posted net earnings for fiscal 1991 of $7.8 million, or 73 cents per share, contrasted with a loss for the previous year of $1 million, or 10 cents per share. Revenue for the year ended June 30 increased 27% to $152.9 million from $120.5 million. Net earnings for the fourth quarter rose to $2.3 million, or 20 cents per share, from $1 million, or 10 cents per share, for the fourth quarter of fiscal 1990. Revenue was up 22%, to $39.7 million from $32.5 million.
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