JDSU Beats Guidance -- Revenue of $412.8 million

JDSU reported quarterly revenue of $412.8 million and net loss was $(10.2) million, or $(0.04) per share. This compares to net revenue of $420.8 million and net loss of $(5.8) million, or $(0.03) per share for the prior quarter, and net revenue of $473.5 million and net income of $23.6 million, or $0.10 per share for the same period a year earlier. “Our fiscal second quarter financial results surpassed our expectations. The outstanding efforts...

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eircom Seeks Investors or Buyer

The board of directors of eircom has retained Morgan Stanley & Co International to seek a buyer or new investors in the company, Discussions are also underway with bondholders regarding options for the balance sheet remediation process.http://pressroom.eircom.net/In December 2011, a proposal from Singapore's ST Telemedia (STT) for investment in eircom was rejected by a majority of the First Lien lenders in eirc...

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Facebook Connects 483 million Users per Day -- 48% YoY Growth

In an SEC filing for its expected IPO, Facebook disclosed key facts about operations. Some site metrics:Worldwide Monthly Active Users (MAUs) reached 845 million, up 39% from a year earlier.In the U.S., MAUs reached 161 million, up 16% over a year earlier. In India, Facebook had 46 million MAUs in December.Worldwide Daily Active users (DAUs) increased 48% to 483 million during December 2011 from 327 million during December 2010.DAUs as a percentage...

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Cisco Boosts 40/100 Gigabit Ethernet Capabilities

Cisco introduced a 40 Gigabit Ethernet Interface Module for its Catalyst 6500 Series and 40/100 Gigabit Ethernet capabilities for its Nexus 7000 data center switch. To expand its campus aggregation and data center top of rack switching, Cisco also announced two new fixed-configuration platforms that provide high-density 10 GE switching.The enhancements include two new M2-Series modules for the Nexus 7000: a 2-port, 100 GbE Module with XL Option,...

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Broadcom Posts Q4 Revenue of $1.82 Billion, Down 7% Sequentially

Broadcom reported Q4 revenue above guidance of $1.82 billion. a decrease of 7.0% compared with the $1.96 billion reported for the third quarter of 2011 and a decrease of 6.4% compared with the $1.95 billion reported for the fourth quarter of 2010. Net income (GAAP) for the fourth quarter of 2011 was $254 million, or $.45 per share (diluted), compared with GAAP net income of $270 million, or $.48 per share (diluted), for the third quarter of 2011...

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Belgacom Offers Alcatel-Lucent’s Application Assurance

Belgacom has begun offering a new tool to enterprises that provides visibility into which applications are using up the most resources on enterprise networks at any given time as well as how these applications are performing. The new capability is based on Alcatel-Lucent's "Application Assurance" solution, which is offered on top of the 7750 Service Router (SR) and 7450 Ethernet Service Switch (ESS). The solution is based on the Multiservice Integrated...

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Verizon Wireless and Comcast Launch Joint Marketing

Verizon Wireless and Comcast have been offering each other's services in the San Francisco Bay area. New customers who sign up for both a qualifying Xfinity offering and a Verizon Wireless smartphone or tablet plan will be eligible to receive a Visa prepaid card valued up to $300. Similar programs have been launched in Portland and Seattle. http://www.comcast.com http://www.verizon.com Verizon Wireless announced a deal to acquire 122 Advanced Wireless Services spectrum licenses from SpectrumCo, a joint venture between Comcast Corporation,...

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Qualcomm Posts Record Quarter, up 14% Sequentially

Qualcomm reported record quarterly revenue of $4.68 billion, up 40 percent year-over-year and 14 percent sequentially. Net income was $1.40 billion, up 20 percent y-o-y and 33 percent sequentially. Diluted earnings per share were $0.81, up 14 percent y-o-y and 31 percent sequentially."I am pleased to report another record quarter with revenues, earnings and MSM shipments reaching all-time highs, driven by our industry-leading chipset portfolio and...

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Aviat Networks Posts Revenue of $105 Million

Aviat Networks reported quarterly revenue within its previous guidance -- $105.0 million, compared with $115.3 million in the year-ago quarter. Revenue and results of operations from WiMAX are classified as discontinued operations for all periods presented. The company reported a net loss, including discontinued operations, of $(12.8) million or $(0.22) per share, compared with a net loss of $(12.5) million or $(0.21) per share in the year-ago quarter....

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