Fusion-io Posts Q2 Loss - Quick Facts

(RTTNews) - Fusion-io (FIO) reported a second-quarter net loss of $21.3 million, or $0.20 per share, compared to net income of $1.7 million, or $0.02 per share, in the second quarter of 2013. Non-GAAP net loss for the second quarter of 2014 was $6.4 million, or $0.06 per share.

On average, 24 analysts polled by Thomson Reuters expected the company to report a loss per share of $0.10 for the quarter. Analysts' estimates typically exclude special items.

Revenue declined year-over-year to $94.5 million from $120.6 million. Analysts expected revenue of $89.28 million for the quarter.

For the third quarter of fiscal 2014, the company expects its revenue to be in-line to slightly up sequentially.