Aliso Viejo-based QLogic Corp. posted a 24% gain in profits for the quarter ended Dec. 26, thanks to sales of its fiber channel products for data storage networks.
QLogic earned $43.4 million in the quarter, up from $35 million a year earlier. Sales were up 9% to $150 million.
Excluding charges, QLogic would have made $45 million, just above what analysts were expecting for the quarter. Revenue also came in slightly above expectations.
Sales of fiber channel products,circuit boards and boxes that link data storage computers on a network,grew 8% to $117 million, or nearly 80% of QLogic’s total sales.
