Sycamore Reports Quarterly Revenue of $10.6 Million

Sycamore Networks reported quarterly revenue of $10.6 million, compared with $13.6 million for the same period last year. Net loss for the quarter was $11.9 million or $(0.04) per share, compared with a net loss of $22.8 million last year. Sycamore said it continues to focus on technology innovation and customer relationships. It recently signed an outsourced manufacturing contract with Plexus for its optical switches.
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