Business

VIAVI ANNOUNCES THIRD QUARTER FISCAL 2024 RESULTS

Third quarter of fiscal 2024 net revenue was $246.0 million. GAAP net loss was $(24.6) million, or $(0.11) per share. Non-GAAP net income was $13.2 million, or $0.06 per share. VIAVI end markets spend environment continues to be challenging, particularly the service providers and enterprise customer segments....

Ericsson spotlights mission-critical solutions at CCW 2024 event in Dubai

Critical Communications World 2024 takes place in Dubai from May 14-16, and once again Ericsson will be on hand to present its mission-critical solutions such as Digital Airspace and Smart Grid Monitoring that can support mobile operators and partners in offering high-performing, resilient and secure connectivity to go...

Nokia and Vodafone trial Open RAN with Arm and HPE

Nokia and Vodafone today announced the successful completion of a trial, leveraging Nokia's anyRAN approach in collaboration with partners Arm and Hewlett Packard Enterprise (HPE). The live demonstration, held at Nokia's Open RAN Innovation Center in Dallas, Texas, showcased the completion of an end-to-end Laye...

Lumentum Announces Fiscal Third Quarter 2024 Financial Results

Net revenue for the fiscal third quarter of 2024 was $366.5 million, with GAAP net loss of $127.0 million, or $1.88 per diluted share. Net revenue for the fiscal second quarter of 2024 was $366.8 million, with GAAP net loss of $99.1 million, or $1.47 per diluted share. Net revenue for the fiscal third quarter of 2023 w...

DZS to scoop up Casa's NetComm business

DZS will pay up to $10 million for NetComm, the Australia-based unit of Casa Systems that makes and sells a mix of fixed wireless access, Wi-Fi, fiber extension and enterprise IoT products. ...

China Mobile Announces 2024 First Quarter Results

China Mobile announces the first quarter report of 2024. During the reporting period, China Mobile's operating revenue reached RMB 263.7 billion, or 5.2% growth year-on-year. Profit attributable to equity shareholders was RMB29.6 billion, an increase of 5.5% year-on-year....

Eoptolink published 2023 annual results report

In 2023,reported revenves was RMB 3097.606 million,compared to revenues 2022 of RMB 3310.574 million decreased 6.43%.The Eoptolink's Phase One factory in Thailand has officially commenced operations, while Phase Two of the factory is currently accelerating its construction, with an expected completion and commencem...

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