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BREAKING- Emulex Halted- News Pending (ELX)

UPDATE: Shares Resume trading.

UPDATE: EMULEX ANNOUNCES PRELIMINARY FOURTH QUARTER RESULTS,’ Co. Confirming News Which Was Released in Form 8-K/

Shares of Emulex (NYSE: ELX) have been halted for news pending. The stock was down 2.4 percent before the halt. The stock spiked lower around 3:18 p.m. EDT when the company reported earnings.

Q4 EPS came in at $0.15 versus consensus $0.13. EPS were down 42 percent year over year. Revenue came in at $120.40 million versus consensus of $119.74 million.

This appears to have been released early as the company was expected to report earnings after the closing bell Thursday.

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[stock-tools exchange="NYSE" symbol="ELX" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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