Unified Communications

01:48 AM
Connect Directly

Isilon Announces Results

Isilon Systems reported financial results for the 2007 first quarter ended April 1, 2007

SEATTLE -- Isilon Systems, Inc. (Nasdaq: ISLN - News), the leader in clustered storage, today reported financial results for the 2007 first quarter ended April 1, 2007. Revenue for the first quarter was $21.6 million, an increase of 107 percent from $10.4 million in the first quarter of 2006.

Recent announcements of strategic partner and customer agreements with a broad range of industry leading companies, including Schlumberger, NBC Universal, NASA, Second Life and XM Satellite Radio, reflect strong continued growth in Isilon's customer base, which increased 149 percent from 180 customers at the end of the first quarter of 2006 to 448 customers at the end of the first quarter of 2007. Underscoring its focus on maximizing the significant market opportunity created by the broad-scale shift to clustered storage, Isilon also today announced (see separate press release) that it has expanded its management team with storage industry executives with proven track records of scaling business and managing large, worldwide organizations.

"Our year over year growth in revenue and customers reflects the solid underlying fundamentals in Isilon's business," said Steve Goldman, president and chief executive officer. "Also, during the first quarter, Isilon made significant progress in laying the foundation for future growth by expanding its line of clustered storage systems and software, growing the company's worldwide channel business and continuing to garner industry awards and recognition for Isilon's product innovation and market leadership."

Isilon Systems Inc.

Comment  | 
Print  | 
More Insights
White Papers
Register for Network Computing Newsletters
Current Issue
2014 State of Unified Communications
2014 State of Unified Communications
If you thought consumerization killed UC, think again: 70% of our 488 respondents have or plan to put systems in place. Of those, 34% will roll UC out to 76% or more of their user base. And there’s some good news for UCaaS providers.
Twitter Feed