EMC Expects Q3 EPS Of $0.25 - Quick Facts

(RTTNews) - EMC Corp. (EMC) announced preliminary third-quarter 2015 results. It expects GAAP earnings per share to be approximately $0.25 and Non-GAAP earnings per share of about $0.43. Consolidated revenue is expected to be between $6.05 billion and $6.08 billion. Analysts polled by Thomson Reuters expect the company to report earnings of $0.45 per share and revenues of $6.25 billion for the third-quarter. Analysts' estimates typically exclude special items.

Zane Rowe, EMC Corporation CFO, said, "We also experienced a higher than expected build in unshipped storage product orders of approximately $100 million due to the timing of bookings in the third quarter; this impacted GAAP and non-GAAP EPS by approximately $0.02."