- Q3 Gross Margin 61.9% v 55.0% y/y and 61.1% q/q sequential
- Saw particular strength in North America in Q3.

Other headlines for [BRCD]

• BRCD 11/10/2008 08:04am
  Brocade Communications Systems Inc. Reports prelim Q4 EPS $0.18-0.20 v $0.16e, R $396-400M v $378.9Me ($0.15-0.16, R $375-385M prior)
  
• FDRY 11/7/2008 06:35pm
  Foundry Networks Inc Signs amendment to merger agreement with BRCD for auction rate securities- Foundry stockholders may receive the proceeds of the sale of Foundry's portfolio of auction rate securities -- up to more...
  
• FDRY 10/29/2008 08:44pm
  Foundry Networks Inc Reaches deal with Brocade to reduce acquisition price to $16.50/shr in cash v $18.50 in cash and stock prior- The revised transaction would have an aggregate purchase price of approximately $2.6B more...
  
• FDRY 10/24/2008 01:55pm
  Foundry Networks Inc Adjourned shareholder meeting and vote on merger agreement to Wed 7pmET, due to recent events in transaction- vote had originally been scheduled for today.
  
• FULT 10/22/2008 06:35pm
  Fulton Financial Corp Will be added to S&P MidCap400 on date TBA, replaces FDRY- FDRY being acquired by BRCD in transaction pending approvals
  

Telecom sector headlines

• TEF Today 03:39am
  Telefonica S.A. (ADR) CFO: Had discussions with German broadband operators - conf call- Says discussions did not go too far - Was looking to acquire a broadband operator
  
• CPW.UK Today 02:55am
  Carphone Warehouse Societe Generale Cuts CPW.UK to Sell from Buy
  
• GLW Yesterday 10:18pm
  Corning Inc. May reduce its headcount in Taiwan and Japan - Commercial Times- Follow Up: The company said it will halt its Taiwan LCD expansion plans and production. Also, the company said it plans to fire 200 more...
  
• CHA Yesterday 09:55pm
  China Telecom Corp. Ltd. Oct fixed line users down 1.09M v 630K decline in Sept; Oct broadband users +700K v +730K m/m- No further details at this time
  
• CHL Yesterday 08:13pm
  China Mobile (Hong Kong) Ltd. Added 7.194M subscribers in October v 7.25M m/m- It had 443.3M subscribers at end-October.