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Technology Stocks : Arris International PLC (ARRS)
ARRS 31.660.0%Apr 4 5:00 PM EST

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From: JakeStraw2/18/2015 4:14:12 PM
   of 661
 
ARRIS Announces Preliminary And Unaudited Fourth Quarter And Full Year 2014 Results
finance.yahoo.com

Revenues were $1,263.4 million
Adjusted net income (a non-GAAP measure) was $0.78 per diluted share which includes a $0.12 per diluted share benefit related to research & development tax credits
GAAP net income was $1.29 per diluted share
The Company ended 2014 with $697.4 million of cash resources
Order backlog was $631.0 million
The Company's book-to-bill ratio was 1.03
The Company recorded an additional $127 million of tax benefits related to the Motorola Home acquisition

"2014 was an outstanding year for ARRIS. We grew our revenues to over $5.3B, introduced several key products, made significant market share gains, and achieved important design wins scheduled for launch later in 2015. I look forward to increasing momentum in 2015 as the year progresses and the pending industry transactions are completed." said Bob Stanzione, ARRIS Chairman and CEO.
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