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.
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