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QLogic Corp (QLGC) (20.12 +0.23)
QLOGIC CORP. said quarterly earnings from continuing operations rose 12%, while revenue increased 22%. The company reported Q3 net income from continuing operations of $35.5 million, or $0.22 a share, compared with $31.7 million, or $0.19 a share, in the year-ago quarter. Non-GAAP continuing operations for the quarter increased 43% to $44.9 million, or $0.28 a share, compared with $31.4 million, or $0.19 a share in the year-ago quarter. (Reuters 04:45 PM ET 01/23/2007 More...)

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