Cable Technology Feature Article
ADVA Optical Network Tops Street
By Alice Straight, TMCnet Web Editor
The company reported revenues of $83.6 million, a 10.9 percent increase over last year, and a 6 percent increase over the fourth quarter of 2009. Market analysts had projected revenues to be between $75.9 million and $82.5 million.
Ethernet led the company's products with sales in the EMEA region growing 12.5 percent to $59.5 million. Revenues in the Americas rose to $18.6 million from $16.8 million a year ago.
Alice Straight is a TMCnet editor. To read more of her articles, please visit her columnist page.
Edited by Alice Straight