Sycamore Networks said 2nd-quarter earnings soared 414% to $149.2...
Sycamore Networks said 2nd-quarter earnings soared 414% to $149.2 million from $29 million in year-ago period. Revenue for intelligent optical network provider beat first quarter’s $120.4 million. While outlook is uncertain for next 2 quarters in customer capital expenditure,…
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next-generation optical equipment purchases by large incumbent carriers is expected in last 2 quarters of fiscal 2001, company said. Revenue growth in next 2 quarters is projected at 205-210% over fiscal year 2000, company predicted.