Aruba Networks Reports Record Fourth Quarter and Fiscal Year 2012 Financial Results

Revenue for Q4’12 was $139.2 million, an increase of 22 percent from the $113.8 million reported in Q4’11. GAAP net loss for Q4’12 was $3.0 million, or $0.03 per share, compared with GAAP net income of $68.2 million, or $0.57 per share, in Q4’11. GAAP net income for the 2011 fiscal fourth quarter included a one-time tax benefit of $72.8 million, equivalent to $0.61 per share, related to the establishment of our international operating entity.

Non-GAAP net income for Q4’12 was $22.1 million, or $0.18 per share, compared with non-GAAP net income of $20.2 million, or $0.17 per share, in Q4'11. Reconciliation between GAAP and non-GAAP information is contained in the tables below.

Redknee Signs Converged Billing Deal With North American Tier-1 Service Provider

Redknee Expands Footprint in North America With Mobile Virtual Network Enabler (MVNE)/Sub-Brand Converged Billing Contract

Redknee (RKN.TO), a leading provider of business-critical billing and customer care software and solutions for communications service providers, is pleased to announce that a leading Tier-1 national communications service provider (CSP) in North America has selected Redknee's cloud-based converged billing and customer care platform. Redknee's platform will support the CSP's multi-brand strategy, including the launch of new consumer and partner brands and mobile virtual network operators (MVNOs) to the market from a centralized platform. This multi-million dollar, multi-year term license contract highlights Redknee's growing presence in Tier-1 markets due to its expertise in providing large-scale solutions in the cloud.

RELM Wireless Reports Second Quarter & Six Month 2012 Results

-Sales, Gross Profit Margins, Pretax Income Show Marked Improvement-

RELM Wireless Corporation (NYSE MKT: RWC) today announced its financial and operating results for the quarter and six months ended June 30, 2012.

For the quarter ended June 30, 2012, sales totaled approximately $9.3 million, compared with approximately $4.7 million for the second quarter last year.  Pretax income for the quarter ended June 30, 2012 was approximately $2.0 million, compared with a pretax loss of approximately $855,000 for the second quarter last year.  The Company recognized income tax expense of approximately $765,000 for the second quarter 2012, compared with no income tax expense or benefit for the same quarter last year.

BroadSoft Reports Second Quarter 2012 Financial Results

BroadSoft, Inc. (BSFT), the leading global provider of Internet protocol-based, or IP-based, communications services to the telecommunications industry, today announced financial results for the quarter ended June 30, 2012.

Financial Highlights for the Second Quarter of 2012

• Total revenue increased 26% year-over-year to $40.5 million
• GAAP gross profit equaled 79% of total revenue; non-GAAP gross profit equaled 82% of total revenue

  Published: 07 August 2012

  Written by Editor

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