The companys SCSI revenues also increased by 3 percent compared to the previous quarter, but QLogic says it expects those revenues to remain flat during the current quarter. Executives also said that iSCSI wont bring it significant revenue before the end of 2004.
The company also increased its cash holdings during the quarter by $27.6 million, to a total of $643.2 million.
Eugénie Larson, Reporter, Byte and Switch
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