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May 14, 1997updated 05 Sep 2016 1:00pm

COMPANY RESULT: QLOGIC CORP

By CBR Staff Writer

QLogic Corp, Costa Mesa, California provider of input/output technology for computer peripherals, reported fourth-quarter net income that soared 177% to $2m, or $0.32 per share, on revenue up 17% at $19m. For fiscal 1997, net income totaled $5.8m, or $0.93 per share, on revenue up 28% at $68.9m, compared to net income of $666,000, or $0.12 per share, in 1996.

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