Wednesday, November 5, 2003

Terayon Announces Secondary Common Stock Offering

Terayon Communication Systems intends to offer a number of shares of its common stock that will result in gross proceeds of $75.0 million.
http://www.terayon.com

  • Last week, Terayon reported Q3 revenue of $37.6 million, an increase of 54% compared to $24.5 million for Q3 2002, and an increase of 23% from $30.6 million for Q2 2003.