TMCnet - World's Largest Communications and Technology Community



Appliance Deployment Provider NEI Reveals Positive First Fiscal Quarter
» More Appliance Deployment Feature Articles

Appliance Deployment Featured Article

January 05, 2012

Appliance Deployment Provider NEI Reveals Positive First Fiscal Quarter

By Rajani Baburajan, TMCnet Contributor

NEI (News - Alert), a provider of appliance deployment solutions and lifecycle support services, has seen a great first fiscal quarter for the period ended December 31, 2011.

The appliance deployment provider now estimates net revenues in the range of $68 million to $70 million, higher than the original guidance of $58 million to $63 million provided on November 10, 2011, according to a press release from the company.

In addition, net income on a GAAP basis is expected to be in the range of $1.3 million to $1.6 million, compared to prior guidance of GAAP net income of $500,000 to $1.0 million.

While announcing the December quarter guidance, the company spoke about the potential impact of the unavailability of hard disk drives to this quarter’s revenues, following the supply constraints tied to the recent flooding in Thailand. However, through the extraordinary efforts of NEI’s supply chain team and its vendors, the company was able to secure drives needed to realize most of these revenues to the tune of between $4.0 and $5.0 million, Greg Shortell, president and chief executive officer of  NEI, revealed.

Multiple NEI customers also exceeded the volume estimates the company had projected for the December quarter, which contributed to higher revenues and the improved outlook. The appliance deployment solutions provider is planning to announce the financial results on or about January 26, 2012.

In another company announcement, NEI revealed that Greg Shortell, along with Doug Bryant, chief financial officer, will present at the 14th Annual Needham Growth Conference. This not-to-miss event is the place for public and private institutional investors to meet and start the new year off right with various investment opportunities.

Taking place from January 10-12, 2012 at the New York Palace Hotel in the Big Apple (News - Alert), the company will be presenting on Wednesday, January 11 at 3:30 p.m. ET in the Campbell Room. NEI will be prepared to hold one-on-one meetings with prospective clients on site.

Rajani Baburajan is a contributing editor for TMCnet. To read more of Rajani's articles, please visit her columnist page.

Edited by Jamie Epstein

» More Appliance Deployment Feature Articles

A computing entity that delivers predefined service(s) through an application-specific interface with no accessible operating software
Definition of an Appliance
Gartner, Inc.

White Papers

A Virtual Appliance Model for Deploying Applications in the Cloud
Top Five Considerations for Deploying Next-Gen Appliances
How to Deliver Software as a Purpose-Built Appliance
Gaining the Business Benefits, Avoiding the Pitfalls
Energy Star Specifications for Enterprise-Class Servers
What Application Software Vendors Need to Know and Why the Intel® Xeon® 5500 Microarchitecture Will Help Achieve Compliance

Success Stories

Endace Selects NEI to Support Rapidly Growing Systems Business
Endace is a leading provider of next-generation, high-speed network monitoring and recording systems. Its solutions are guaranteed to capture 100% of packets at speeds up to 100 Gb/s and easily optimized for a wide range of monitoring and security applications.
NEI Enables Alert Logic to Scale its Business by More Than 40%
The task of securing enterprise data and ensuring compliance can be daunting, particularly as the use of mobile devices grows and computing environments evolve.
Right-Sizing a Security Management Appliance
Bringing Cross Domain Security from Software to Hardware
ITT-AES Chooses NEI for a Comprehensive Approach to Product Development
Modus Operandi: Taking Email Security to the Next Level
NEI Brings Flexibility and Cost-Effectiveness to Vircom's ModusGate Solutions


Thrive in '09 - Strategies for Success with Intellitactics
Learn how to gain market share, increase efficiencies and reduce costs
Thrive in '09 - Strategies to Increase Efficiencies and Keep Costs Down Featuring Vircom
Learn how to gain market share, increase efficiencies and reduce costs
NEI speaks out on Energy Star server ratings
Listen to eWEEK's podcast with NEI about the impact of Energy Star ratings on servers
Implementing Smart Services
Learn how smart services can improve lifecycle management, reduce operating expenses and grow revenue
[ Get WebEx Player ]


Low-Cost Desktop SOHO Network Appliances (S-500)
1U Rack Mount SATA Systems (S-1000 R5 / S-1200 / S-1400)
High-Performance, Low-Profile Systems (S-1600 / S-1800 / S-1900)
Highly Customizable, Small Footprint Communications Systems (C-1000 / C-1200 / C-1500)
Highly Customizable, Scalable, Long-life Communications Systems (C-2400 / C-2500)
High-Reliability, Medium-Density Communications Systems (E-1800 / E-2000 R5 / E-2900)

Daily Alerts

[ Appliance ]
[ Appliance Deployment ]
[ Software Appliance ]
[ NEI ]
[ Communications Solutions ]
[ Network Appliance ]
[ Application Deployment ]
[ Linux Appliance ]
[ Server Appliance ]

Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2017 Technology Marketing Corporation. All rights reserved | Privacy Policy