Northwest Missouri State University Selects Dot Hill Systems Corp. to Serve as Campus Technology Backbone
Dec 2 13
Dot Hill Systems Corp. announced that Northwest Missouri State University has selected Dot Hill AssuredSAN Pro 5000 real-time, autonomic tiered storage to support campus backup systems and to support virtualization and Exchange servers across the university network. The university's two Dot Hill AssuredSAN Pro 5000 Series arrays, each boasting 32TB of capacity, are located in two different buildings on campus and are 80% virtualized on servers. The arrays run in a VMware environment with Veeam backup and replication, creating seven days of snapshots. Once a week, systems back up to tapes, which are transferred to an offsite location. Three weeks' worth of data is stored for all Northwest Missouri State campus servers.
Dot Hill Systems Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013; Provides Earnings Guidance for the Fourth Quarter of 2013; Revised Earnings Guidance for the Full Year of 2013
Nov 8 13
Dot Hill Systems Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported net income of $1,757,000 or $0.03 per basic and diluted share on net revenue of $52,603,000 against net loss of $3,014,000 or $0.05 per basic and diluted share on net revenue of $48,223,000 a year ago. Operating income was $1,877,000 compared to operating loss of $2,576,000 a year ago. Income before income taxes and discontinued operations was $1,875,000 compared to loss before income taxes and discontinued operations was $2,581,000 a year ago. Income from continuing operations of $1,775,000 or $0.03 per basic and diluted share against loss from continuing operations of $2,734,000 or $0.05 per basic and diluted share a year ago. On Non-GAAP basis, the net income of $2,772,000 or $0.05 per basic and diluted share on net revenue of $52,889,000 against net loss of $1,680,000 or $0.03 per basic and diluted share on net revenue of $48,223,000 a year ago. Non-GAAP EBITDA was $3,725,000 compared to LBITDA was $889,000 a year ago.
For the nine months, the company reported net income of $2,852,000 or $0.05 per basic and diluted share on net revenue of $147,766,000 against net income of $9,930,000 or $0.17 per basic and diluted share on net revenue of $150,529,000 a year ago. Operating income was $3,504,000 compared to operating loss of $5,065,000 a year ago. Income before income taxes and discontinued operations was $3,487,000 compared to loss before income taxes and discontinued operations was $5,057,000 a year ago. Income from continuing operations of $3,304,000 or $0.06 per basic and diluted share against loss from continuing operations of $5,519,000 or $0.10 per basic and diluted share a year ago. Net cash provided by operating activities was $2,207,000 compared to net cash used in operating activities was $589,000 a year ago. Purchases of property and equipment were $600,000 compared to $1,489,000 a year ago. On Non-GAAP basis, the net income of $6,272,000 or $0.11 per basic and diluted share on net revenue of $149,003,000 against net loss of $1,728,000 or $0.03 per basic and diluted share on net revenue of $150,529,000 a year ago. Non-GAAP EBITDA was $8,786,000 compared to $563,000 a year ago.
The company expects fourth quarter 2013 non-GAAP net revenue to be in the range of $53 million to $58 million and non-GAAP earnings per share in the range of $0.03 per share to $0.06 per share.
As a result, management updated its 2013 annual guidance. The company now expects 2013 non-GAAP net revenue to range between $202 million and $207 million. The company reiterated annual 2013 gross margin guidance of between 32% and 33% and lowered operating expense guidance to $57.5 million to $58 million. The net result of these revised estimates is an increase in fully diluted non-GAAP EPS guidance of between $0.14 and $0.17 as compared to the August 2013 projection of $0.10 to $0.16.
Dot Hill Systems Corp. Launches High Performance 12Gb SAS Arrays and 16Gb Fibre Channel/10Gb iSCSI Converged Interface Storage Solutions
Nov 6 13
Dot Hill Systems Corp. announced the availability of its new AssuredSAN(TM) 4004 storage models, based on the company's ninth-generation RAID architecture. These products offer greater data security, faster throughput and substantial business benefits for markets that demand extremely high-bandwidth performance, such as cloud service providers, media & entertainment, oil & gas, telecommunications, big data analytics and digital image archiving. The new AssuredSAN 4004 arrays are now available worldwide through the Dot Hill channels and select OEM and embedded solution partners. Host interface options include 12Gb SAS, 16Gb FC, 1Gb and 10Gb iSCSI and the only hybrid 16Gb Gen 5 Fibre Channel/10Gb iSCSI converged interface. The Dot Hill AssuredSAN 4004 Series is available in a variety of configurations for SSD, 2.5-inch HDD and 3.5-inch HDD, including highly versatile AssuredSAN 4824 and AssuredSAN 4834 converged interface models. Each AssuredSAN converged interface storage array includes two four-port controllers and can be easily configured in the field with eight 16Gb Fibre Channel ports, eight 10Gb iSCSI ports, or a combination of four 16Gb Fibre Channel and four 10Gb iSCSI ports. IT managers often use Fibre Channel for the storage network within the data center, and iSCSI for replication and other data management services outside of the data center. These storage arrays are fully backward-compatible with 8Gb/4Gb Fibre Channel and1Gb iSCSI networking solutions such as switches and host bus adapters. AssuredSAN 4524 and AssuredSAN 4534 12Gb SAS models are fully backward-compatible with 6Gb SAS investments. All 4004 models are meta-data compatible with previous generation AssuredSAN arrays, so that customers can accomplish data-in-place migration by simply upgrading to 4004 generation controllers. All Dot Hill AssuredSAN 4004 solutions are built on the company's ninth-generation RAID stack, which delivers up to 100,000 input/output operations per second (IOPS) from disk, sustained sequential read performance of up to 6400 MB/second and writes of up to 5300 MB/second. The Dot Hill RAID Companion Processor (RCP) allows 4004 solutions to deliver dramatic performance gains at very aggressive price points. AssuredSAN 4004 solutions also integrate all the performance tuning and optimizations of the previous-generation AssuredSAN 4000 models, which includes streaming performance optimization to handle randomized, sequential workloads. Dot Hill's firmware utilizes a proprietary Adaptive Read-ahead Algorithm that analyzes workloads and fine tunes options to optimize the performance of specific kinds of demanding workloads, delivering better response times and meeting IT service level agreements. Support for a Full Complement of Data Management Software and SSD Drives AssuredSAN 4004 arrays support the full complement of Dot Hill's data management services including the company's RAIDar management interface, and disaster recovery software comprised of AssuredSnap for point-in-time snapshots, AssuredCopy for creating volume copies and AssuredRemote for array-based remote replication. Support for popular storage software platforms such as VMware vSphere, Microsoft Hyper-V, Citrix XenServer and Veeam Backup & Replication is included. Consistent with previous AssuredSAN products, flash based SSD drives are supported across the Dot Hill product line. Data Security through Full Disk Encryption. The Dot Hill platform also includes support for HGST and Seagate(R) Full Disk Encryption (FDE). Self-encrypting drives encrypt every write operation and decrypt every read operation without user intervention. With drive-level protection of data, FDE drives remain fully protected even if they are stolen, taken out of service, or repurposed. FDE support is expected to be available in the first quarter of 2014. Products will begin shipping in volume worldwide to authorized Dot Hill channel partners in November. Select OEMs are shipping now. The suggested list price for a 48 terabyte AssuredSAN 4834 16Gb Fibre Channel/10Gb iSCSI model is $39,869. A similar dual controller configuration with eight ports of 12Gb SAS is $40,265 suggested list price.