Tellabs posted Q3 revenue of $464 million, up 63% from $284
million in the third quarter of 2004. Compared with the combined third-quarter 2004 revenues of Tellabs and AFC, Tellabs' third-quarter 2005 revenue increased 15% year-over-year. Tellabs earned $42 million or 9 cents per share in the third quarter of 2005 on a GAAP basis. Some highlights from the quarter:
- Transport - Revenue from transport systems totaled $151 million, up 8% from $140 million in the third quarter of 2004.
- Access - Revenue from access products totaled $166 million, up 38% from AFC's $120 million in the third quarter of 2004. [Note: The access revenue category includes all products acquired through the acquisition of AFC.]
- Managed Access - Revenue from managed access systems was $84 million, up 16% from $73 million in the third quarter of 2004.
- Broadband Data - Revenue from broadband data products was $14 million, up 65% from $8 million in the third quarter of 2004.
- Voice Quality Enhancement - Revenue from voice-quality enhancement and
other systems totaled $5 million, down 73% from $19 million in the third
quarter of 2004. - Services - Services revenue was $44 million, about flat with $45 million in the third quarter of 2004
