EMC Falls Short in Q1: 'Not Executing as Crisply as We Had Expected'

April 22, 2015 11:19 AM

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Wednesday morning, EMC Corp. (NYSE: EMC) struck a sour note in its Q1 financial report, falling short of analyst expectations on both earnings and revenue results.

• Earnings. The Hopkinton, Mass-based IT giant reported earnings of 31 cents per share for Q1, below the 36 cents per share that a consensus of analysts had predicted.

Also read: U.S. state, local tax revenue up 5.8 percent in first quarter: Census

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