ALVR - Alvarion Ltd.(formerly BRZE) Message Board

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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: JakeStraw	11/3/2008 8:28:36 AM
	of 341

Alvarion(R) Reports Record Revenues and Increase in Profits for Third Quarter 2008 biz.yahoo.com Monday November 3, 2:00 am ET TEL AVIV, Israel--(BUSINESS WIRE)--Alvarion Ltd. (NASDAQ: ALVR), the world’s leading provider of WiMAX™ and wireless broadband solutions, today announced financial results for the third quarter ended September 30, 2008. Highlights: * Record revenues of $74.3 million, up 23% from Q3 2007 * GAAP net income up 29% compared to Q3 2007; Non-GAAP net income up 24% * Non-GAAP EPS of $0.05; GAAP EPS of $0.01 * WiMAX revenues of $49.5 million, up 41% from Q3 2007 * Cumulative WiMAX shipments of over $390 million * Cash reserves of $146 million

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