Alvarion Reports Q3 2009 Results
TEL AVIV, Israel –Alvarion Ltd. (NASDAQ:ALVR), the world’s leading provider of WiMAXâ„¢ and wireless broadband solutions, today announced financial results for the third quarter ended September, 30, 2009.
Business highlights include:
Selected as vendor to Clearwire International
Implementing turnkey projects in U.S., Taiwan, Italy and Kenya
Two new customer wins through expanded NSN partnership
Introduced outdoor macro base station and WiMAX solution for license exempt frequencies
Q3 Financial Highlights:
Returned to Non-GAAP Profitability in Q3 and Year-to-Date Results
Revenues stable sequentially
GAAP net loss of ($0.02) per share; Non-GAAP net income of $0.00 per share
WiMAX shipments down 4% sequentially to $37.5 million, reflecting project delays
WiMAX revenues down 10% sequentially to $40.5 million
Order pattern continues gradual improvement
In the third quarter of 2009, total revenues were $58.4 million, a more
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Related Topics: Fixed Mobile Convergence (FMC), LTE, Femtocells, Mobile content, Mobile Apps, 3G/4G, Wireless, WiMax, IMS, FTTX, Other |






