The New Economy and its Winners Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: bob zagorin	7/26/2006 12:49:08 PM
	Read Replies (1) of 57684

another heartbeat down in the depths of tech.. Avici Systems doubles Q2 sales Thursday July 20, 2:40 pm ET Avici Systems Inc., which makes high-speed Internet routers, posted a profit in the second quarter on stronger-than-expected product sales. Net income totaled $7.9 million, or 58 cents per share, compared with a loss of $2.7 million, or 21 cents per share, in the same period last year. The results included a charge of $1 million in restructuring costs, $400,000 in stock options expenses and a gain of $100,000 from the utilization of previously written off inventory. Revenue for Avici (Nasdaq: AVCI - News) more than doubled, growing to $25.3 million from $11.1 million in 2005. Most of the increase was due to a more than twofold increase in product sales. Published July 20, 2006 by the Boston Business Journal

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next