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Technology Stocks : ALVR - Alvarion Ltd.(formerly BRZE)
ALVR 4.730-3.3%Oct 21 3:59 PM EDT

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From: JakeStraw10/31/2007 9:08:32 AM
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Alvarion Reports Record Revenues for Third Quarter 2007
biz.yahoo.com
Wednesday October 31, 3:00 am ET

BreezeMAX(TM) Shipments Exceed $100 Million in First Nine Months of 2007

TEL AVIV, Israel--(BUSINESS WIRE)--Alvarion Ltd. (NASDAQ: ALVR), the leading provider of WiMAXTM and wireless broadband solutions, today announced financial results for the third quarter ended September 30, 2007.

Highlights:

* Record revenues of $60.6 million, up 39% from Q3 2006;
* Record BreezeMAX revenues of $35 million;
* Non-GAAP EPS of $0.04; GAAP EPS of $0.01;
* Positive operating cash flow of over $3 million.
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