Thursday, October 4, 2007

Isilon Systems Projects Net Loss for Q3 2007

Isilon Systems, a manufacturer of clustered storage systems, published its preliminary third-quarter results Wednesday afternoon. According to the Seattle-based company's initial estimates, its third-quarter revenue will be between $23.2 million and $23.7 million, a decrease of some 6-8 percent versus Q2 2007 but an increase of some 30-33 percent compared to the same period for the previous year. During its Q2 2007 conference call on July 26, Isilon projected its total revenue for the third quarter would fall between $25 million to $27.5 million.