Stratex Networks, Inc. (STXN) 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.

Technology Stocks : Stratex Networks, Inc. (STXN)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: fred333 who wrote (1716)	11/2/2006 12:13:57 PM
From: Rob Preuss	Read Replies (1) of 1762

Stratex on target with $1.6M Q2 profit Silicon Valley/San Jose Business Journal - 1:29 PM PST Wednesday Stratex Networks Inc. on Wednesday reported a second quarter net income of $1.6 million, or 2 cents a share, compared to a loss in the year-ago period of $2.3 million or 2 cents a share. San Jose-based Stratex (NASDAQ:STXN), which provides wireless transmission products, said it had $67.3 million in revenue, compared with $56.6 million last year. Excluding items, including $2.6 million in stock-based compensation, the company would have reported income of $5.6 million, or 6 cents a share, compared with last year's non-GAAP income of $4.8 million, or 5 cents a share. On average, analysts expected the company to post earnings of 5 cents a share.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next