Relive the excitement of the Patriots’ path to their fourth Super Bowl Championship with “Pumped”, a special commemorative book from The Boston Globe. Order now.

Mass. Movers

EMC cuts its forecast for the full year

Joseph Tucci is the CEO of Hopkinton-based EMC, the top storage computer maker.

Jason Grow

Joseph Tucci is the CEO of Hopkinton-based EMC, the top storage computer maker.

Continue reading below

EMC Corp. cut its full-year forecasts after quarterly earnings fell short of estimates as government spending fell. Profit before some costs was 40 cents a share. Analysts predicted 45 cents, on average. Sales were $5.54 billion, versus $5.8 billion predicted. EMC forecast full-year sales of $23.25 billion and adjusted earnings per share of $1.80. In July, it projected $23.5 billion in sales and profit of $1.85 a share. The government generates 8 percent of EMC’s revenue, Barclays says.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking. Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com