Fusion-io Revenues Rise to $74.4M

Salt Lake City-based Fusion-io, the developer of solid state disk drives, reported its quarterly results Thursday, saying that its revenues grew to $74.4M in its first quarter, ended September 30, 2011. The revenues were up both from the similar quarter in 2010--when it had revenues of $27.0M--as well as the prior quarter, when it had $71.7M in revenues. The company reported non-GAAP net income of $15.1M.