Fusion-IO, Inc. (NYSE:FIO) Announced Financial Results for 4Q’13 and Will Participate In Some Events Soon

Denver, CO, 08/09/2013 (Avauncer.com) – Fusion-IO, Inc. (NYSE:FIO) closed in the previous trading session at $11.39 after going down by $3.51 (or -23.56%). With about 98.29 million outstanding shares, the market capitalization of the company is $1.12 billion.

The company, Fusion-IO, Inc. announced yesterday that it will participate in the following events during the 1Q14, with the financial community. The events include Pacific Crest Global Technology Leadership Forum that will take place on Aug. 12, 2013 on Monday and Oppenheimer 16th Annual Technology, Internet & Communications Conference that will take place on Aug. 14, 2013 on Wednesday.

There is also news about the financial results for the fiscal 4Q and fiscal year that ended on June 30, 2013. The company reported a revenue of $106.1 million for the fiscal 4Q13, up 21% from the preceding quarter, when the revenue earned was $87.7 million and importantly flat from the same quarter of the year 2012, when the revenue earned was $106.6 million. Net loss for the fiscal 4Q of the year 2013 was $23.8 million compared to the net loss of $2.4 million in the fiscal 4Q of the year 2012. The operating margin for the fiscal 4Q of 2013 was a negative 22.4%. Capital expenditures were $3.5 million in fiscal 4Q of the year 2013.

The chairman and the Chief Executive Officer of the company, Shane Robison said that Fusion-IO started the all flash data centre architecture, that is now being embraced by the industry and he also added that the company is well positioned to capture a greater share of the opportunity from small company to hyper scale over the next few years. In order to continue maintaining their market leadership, they will increase their focus on product portfolio, on go-to-market strategy and their partnerships as they help their customers worldwide; unlock the business value in information intelligence