Comment on EMC Q1 Edges Estimates; Full Year View A Bit Light; Shrs Sag

EMC Q1 Edges Estimates; Full Year View A Bit Light; Shrs Sag

EMC shares are trading lower after the company posted slightly better-than-expected Q1 results, but modestly disappointing full year guidance. The IT software and storage giant posted Q1 revenue of $5.1 billion, up 11% from a year ago and right in line with Street estimates. The company reported non-GAAP profits of 37 cents a share, a ...

 

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