Tekelec (Nasdaq:TKLC) announced earnings for second quarter 2011. 2011 Second Quarter Results from Operations: Revenue for the second quarter 2011 was $96.8 million, down 12% compared to $109.5 million for the second quarter 2010. Orders were $65.3 million for the quarter, down 9% from the same period in 2010, primarily due to a 25% year-over-year decline in orders for the Company's Eagle 5 solution. This decline was partially offset by an over 90% increase from the second quarter 2010 for the Company's data and video centric next-generation session, policy and subscriber data management solutions. As of June 30, 2011, backlog was $271.8 million compared to $338.8 million as of December 31, 2010.
Tekelec engages in the design, development, manufacture, marketing, sale, and support of telecommunications products and services.
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(TKLC, CLNO, BSQR, FHCO, SCOK) Stock in Review by DrStockPick.com
August 10th, 2011 at 04:50 pm