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Wednesday January 18, 5:27 pm ET
Qlogic Third-Quarter Earnings Nearly Quadruple to $166.2 Million on Higher Sales

ALISO VIEJO, Calif. (AP) -- Qlogic Corp. on Wednesday reported third-quarter profit rose as the technology company sold more of the switches and controllers used in computer storage networks.
Profit rose to $166.2 million, or $2.04 per share, from $43.4 million, or 46 cents per share, in the year-ago period. The quarter included $134.6 million of discontinued operations from the sale of Qlogic's hard disk drive controller and tape drive controller businesses.
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