Rochester, NY 7/31/2009 9:03:29 PM
Tellabs, Inc., TLAB - Release 2009 2Q Overall Revenue of $385 Million
Tellabs, Inc.
Tellabs, Inc., TLAB
WhisperFromWallStreet.com offers daily stock alerts to subscribers. Sign up for our free alerts newsletter.
Tellabs' second-quarter 2009 revenue totaled $385 million, compared with $432 million in the second quarter of 2008. More than half of overall revenue came from growth products, including the Tellabs 6300, 7100, 8600 and 8800 systems and professional services.
Tellabs earned $16 million or 4 cents per share on a GAAP (U.S. generally accepted accounting principles) basis, compared with $39 million or 10 cents per share in the year-ago quarter, which included a tax benefit of 9 cents per share. On a non-GAAP basis, Tellabs earned $33 million or 8 cents per share, up 95% from $17 million or 4 cents per share in the year-ago quarter; this comparison also excludes a tax benefit of 9 cents per share in the year-ago quarter
About WhisperFromWallStreet.com
WhisperfromWallStreet.com is a FREE award winning newsletter that specializes in sending alerts to our subscribers on stocks we think are going to run, why we think so, as well as teaching you how to become a better trader. We scan hundreds of stocks a day to find those that meet our criteria and when we find one, we send you an alert.
Sign up for our FREE alerts newsletter at WhisperfromWallStreet.com
Disclaimer: Full disclaimer at http://whisperfromwallstreet.com/disclaimer.php
