Here to take your questions are Lloyd Carney, Brocades CEO; Dan Fairfax, CFO; Jeff Lindholm, Senior VP, Worldwide Sales; Ken Cheng, C150-130 free exam TO and VP of Corporate Development; and Jason Nolet, VP, Data Center Switching and Routing.
I will now turn the call over to CEO Lloyd Carney. Lloyd?
Lloyd A. Carney - Chief Executive Officer, Director, Chairman of Corporate Development Committee and Chairman of Financing Committee
Thank you, Rob. Good afternoon, everyone, and thank you for listening to todays Q3 conference call. This is a good quarter for Brocade. Revenue came in above our guidance range, and we exceeded our expectations for operating150-130 free exam margin, non-GAAP EPS and cash flow. Revenue in the third quarter was $537 million, down 3% from Q3 12 and down slightly sequentially. Despite the revenue decline, Q3 GAAP EPS was $0.26, up $0.17 year-over-year and non-GAAP EPS of $0.19 in the quarter was up $0.05 year-over-year.
In terms of business highlights, we saw the storage market recovering more quickly than we had expected following a challenging second quarter. This improving storage environment, coupled with continued strong adoption of Gen 5 150-130 free exam Fibre Channel, resulted in good SAN product revenue. The storage market is still softer than it was a year ago, but we are receiving positive indications from our partners that end user demand is improving.
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