ARRIS Posts Revenue of $128 Million, up 13% Sequentially

ARRIS reported Q4 revenues of $127.8 million, 13% sequentially. There was a GAAP net income (loss) was $(8.4) million or $(0.11) per share. Revenues for the full year 2003 were $434.0 million, down $217.9 million from the 2002 level of $651.9 million.


Broadband product revenues were $87.3 million in the fourth quarter up 16.4% from the third quarter 2003 level of $75.0 million. Supplies product revenues were $40.5 million in the fourth quarter, up 6.3% compared to $38.1 million in the third quarter of 2003. http://www.arrisi.com