3Com Reports Quarterly Revenue of $245 Million

3Com reported quarterly revenue of $245 million. The net loss was approximately $79 million, or $0.22 per share. This compares to a net loss of $69 million, or $0.19 per share, in the previous quarter and a net loss of $227 million, or $0.65 per share, in the same period last year. The company ended the quarter with $1.44 billion in cash and short-term investments, an increase of $7 million from the previous quarter.
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