Monday, October 20, 2003

AFC Reports Revenue of $85.2 Million, Looks to FTTP

AFC reported Q3 revenue of $85.2 million compared with $83.0 million in the preceding quarter and $91.8 for the same period last year. Net income for the third quarter of 2003 was $9.3 million, or $0.11 per share.


AFC reported a record for DSL shipments during the quarter, with some 50,000 ports shipped. The company expects that access networks will be a key focus for carrier investment in the future as service providers continue to roll out DSL and begin the migration to Fiber-to-the-Premises (FTTP).
http://www.afc.com