Recent IPOs Review: Fusion-io Gross Margin Expectations

Fusion-io (NYSE:FIO) non-GAAP gross margin is expected to be in the range of 50% and non-GAAP operating margin is expected to be breakeven to 5%.

The shares closed at $25.50, down $4.84, or 15.95% on the day. The stock is $6.5 or 34.21% higher than IPO price of $19.00.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: Stella Mariz at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com