Tellabs Reports Q4 Sales Of $313 Million, Up 9%

Tellabs reported quarterly revenue of $313 million, up 9% sequentially. Including special charges, there was a net loss of $84.5 million or $0.21 per share for the quarter. Excluding these charges, Tellabs recorded a pro forma net loss of $10.2 million or $0.02 per share. The company said all of its product groups delivered higher sequential sales, with a record 37% of sales coming from international customers. Globally, new products accounted for 14% of sales, up from 9% in the previous quarter.
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