EMC (NYSE: EMC) reported revenue and non-GAAP EPS growth of 9% and 10% respectively, beating on revenue but missing EPS consensus by $0.02. EMC remains a buy amid growth segments like emerging storage, VMware and Pivotal. It was noted in the initiation report that EMC is shielded from the decline of conventional storage due to its growth segments
Wednesday 22 October 2014
Update: EMC Registers Growth
EMC (NYSE: EMC) reported revenue and non-GAAP EPS growth of 9% and 10% respectively, beating on revenue but missing EPS consensus by $0.02. EMC remains a buy amid growth segments like emerging storage, VMware and Pivotal. It was noted in the initiation report that EMC is shielded from the decline of conventional storage due to its growth segments
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