Infinera Posts Q1 Revenue of $105 Million

Infinera reported Q1 2012 revenue of $104.7 million compared to $112.0 million in the fourth quarter of 2011 and $92.9 million in the first quarter of 2011. GAAP net loss for the quarter was $(20.6) million, or $(0.19) per share, compared to net loss of $(19.4) million, or $(0.18) per share, in the fourth quarter of 2011 and net loss of $(16.4) million, or $(0.16) per share, in the first quarter of 2011. "Activity in our first quarter reflected demand from our customers for both our existing and next generation platforms,�? said Tom Fallon, president...

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NETGEAR Continues to Grow at 17% YoY Pace

NETGEAR reported Q1 2012 revenue of $325.6 million, as compared to $278.8 million in the comparable prior year quarter, 16.8% year-over-year growth. Non-GAAP net income was $28.1 million, as compared to $24.2 million in the comparable prior year quarter, 16.1% year-over-year growth.Patrick Lo, Chairman and Chief Executive Officer of NETGEAR commented, "The first quarter of 2012 represents another record breaking period for our net revenue and non-GAAP...

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Akamai's Revenue up 16% YoY, Net Income Down 15%

Akamai reported revenue for the first quarter of 2012 of $319 million, a 16 percent increase over first quarter 2011 revenue of $276 million. Net income (GAAP) was $43 million, or $0.24 per diluted share, a 15 percent decrease from first quarter 2011 GAAP net income of $51 million, or $0.26 per diluted share, and a 28 percent decrease from fourth quarter 2011 GAAP net income of $60 million, or $0.33 per diluted share. http://www.akamai....

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Facebook Teams with Antivirus Providers

Facebook is establishing a Antivirus Marketplace with leading cyber safety companies. Microsoft, McAfee, TrendMicro, Sophos and Symantec will augment Facebook's URL blacklist system with their own URL blacklist databases. The AV Marketplace will also let people download six-month licenses to full versions of anti-virus software at no charge. https://www.facebook.com/secur...

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ZTE Reports Revenue of US$2.9 Billion, up 29% YoY

ZTE reported operating revenue of US$2.96 billion forQ1 2012, an increase of 29.46% over the same period last year. Net profit attributable to shareholders was US$22.99 million, an increase of 23.85% over the same period last year. Basic earnings per share were US$0.00635. ZTE noted that sales to carrier customers rose by 13.65% compared to the same period the previous year, a reflection of an increase in revenue generated from sales of optical...

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Sprint's Network Vision Advances, But Q1 Financial Loss Widens

Sprint reported Q1 wireless service revenues of $7.2 billion, an increase of more than 7 percent year-over-year, driven primarily by Sprint platform postpaid ARPU growth of $4.03. net loss of $863 million and a diluted net loss of $.29 per share for the first quarter of 2012. This compares to a net loss of $439 million and a diluted net loss of $.15 per share in the first quarter of 2011 and includes depreciation of approximately $543 million, or...

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FCC's Connect America Fund Gets Underway

The FCC adopted an official reform order for establishing the Connect America Fund, which replaces the outdated universal service and intercarrier compensations systems. The Connect America Fund has the following mission: (1) preserve and advance universal availability of voice service; (2) ensure universal availability of modern networks capable of providing voice and broadband service to homes, businesses, and community anchor institutions;...

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Broadcom Intros Four Energy Efficient Ethernet (EEE) PHYs

Broadcom has added four energy efficient chips to its Energy Efficient Ethernet (EEE) portfolio. The new 10/100/1000BASE-T physical layer transceivers (PHYs) lower operating power by more than 40 percent, and up to 70 percent or more through the implementation of EEE directly at the physical layer. The PHYs also feature Broadcom's AutoGrEEEn technology, which enables systems with legacy MACs to leverage the power savings of EEE in periods of low link utilization. This allows customers to transform existing network equipment to EEE-compliance...

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IBM to Acquire Vivisimo for Big Data Analytics

IBM agreed to acquire Vivisimo, a privately-held developer of discovery and analysis software for big data. Financial terms were not disclosed. Vivisimo offers federated data capabilities that can provide a single point of access to disparate data sources. The company claims 140 customers in government, life sciences, manufacturing, electronics, consumer goods and financial services. Founded in 2000, Vivisimo is headquartered in Pittsburgh, Pennsylvania...

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Ericsson Sees LTE Strength in North America While Europe Waits

Ericsson reported Q1 2012 revenue of SEK 51.0 billion (US$7.59 billion), down 4% YoY, impacted by an expected major decline in CDMA sales as well as lower operator network spending in regions with macro-economic or political uncertainty. Net income was SEK 8.8 billion (US$1.31 billion). Global Services and consolidation of Telcordia contributed positively. "Sales of high-performance mobile broadband developed well in North America, Japan and Korea,...

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Radisys Packs a 4X Punch with New T-Series 40G ATCA Platform

Radisys introduced its T40, an ATCA-based 40G platform designed to scale for carrier applications such as deep packet inspection (DPI), advanced network security and the 4G evolved packet core (EPC). As part of the Radisys T-Series family of ATCA solutions, the new T40 platform provides 4X switching capacity over existing 10G systems and 160 Gbps of I/O performance, while aggressively lowering the cost per bit. Radisys calculates that compared...

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