Friday, May 6, 2011

OCZ: revenues up thanks to SSDs

OCZ has recently published its results for the last quarter of its fiscal year 2011, which ended last February 28. Revenues reached $ 64.6 million, representing an increase of almost 100% in one year. Sales of SSD alone represent a turnover of 58.2 million. In this quarter, however, the manufacturer saves a loss of $ 9.3 million, or $ 0.27 per share.

For the full fiscal year 2011, OCZ shows income of 190.1 million, up 32%. The loss reached 30 million, against $ 13.5 million at an earlier. For the current fiscal year, the manufacturer hopes to finally achieve a turnover of between 300 and 330 million.

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