Brocade beats Q4 forecasts, sets 2-for-1 split

Brocade Communications Systems, maker of switches for Fibre Channel storage area networks, posted fiscal fourth-quarter net income of $27.2 million, or 22 cents per share.

Brocade Communications Systems, maker of switches for Fibre Channel storage area networks, posted fiscal fourth-quarter net income of $27.2 million, or 22 cents per share. Brocade also announced a 2-for-1 stock split, to take effect Dec. 22 for shareholders of record on Dec. 11. Full story. -- Sergio G. Non, ZDNet Inter@ctive Investor