UPDATED 08:07 EST / OCTOBER 14 2011

Fusion-io Preps for Second Earnings Call After Successful IPO

Flash storage acceleration solutions maker Fusion-io is getting ready for its first earnings call for the first quarter of fiscal year 2012. This is the second time the company will report its earnings since going public back in June, so a lot of1 shareholders and analysts will be monitoring how Fusion-io has managed in the past three months.

Fusion-io, developer of a next generation storage memory platform for shared data decentralization, today announced that it will report financial results for the fiscal first quarter 2012 after the U.S. financial markets close on Wednesday, November 2, 2011.  “

Despite the low rating the company’s website got on a test by Coach Wei that measured the loading times of the sites belonging to some of the tech companies that filed for an IPO in the past 12 months, its public offering made it to one of the top spots this year. The company’s stock, which stood at $19 on June 9, almost doubled to a closing high of $33 on the day of its IPO. The company offers a lot of performance bundled into its chips, and the sheer demand was enough to get investors interested.  On November 2 Fusion-io will reveal where it’s standing now.

Fusion-io made several significant moves since June in an effort to further boost its market position. It launched ioCache at VMworld 2011, a combination of its hardware and virtualized caching software by ioTurbine, which it acquired only weeks before the announcement.  CEO David Flynn noted that this is actually the real reason Fusion went public: it needed more capital to acquire the firm.

Fusion-io also had news from the more recent Oracle OpenWorld. It added  an atomic write extension to its storage subsystem OS, which trims the two-part write process to only one.


A message from John Furrier, co-founder of SiliconANGLE:

Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.

  • 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
  • 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.