Feeds

Cabletron results a bright spot in the networking gloom

Increased revenues buck the trend

  • alert
  • submit to reddit

Bridging the IT gap between rising business demands and ageing tools

Bucking the trend of poor financial results from networking equipment suppliers, Cabletron Systems posted increased revenues for its last quarter when it reported its full year results.

Cabletron, a holding company for telecommunications outfits targeting the enterprise, service provider and network management markets, reported combined revenues for its fourth quarter of $291 million, up from $265 million in its previous quarter. This compares to $203.4 million in the same period a year ago.

The figures mean that Cabletron's subsidiaries recorded a net income of $10.7 million, up from $6.9 million for its last quarter.

For the full year, Cabletron's net revenues were $1,015.8 million.

In recent weeks, industry heavyweights Cisco, Nortel and Lucent have slashes sales estimates and shed jobs. However Cabletron's figures suggest that it is coping better with the slowdown in the US economy and weak demand from service providers that is affecting others in the industry.

Cabletron's subsidiaries include Aprisma Management Technologies, which sells Spectrum network management software; Enterprise networking firm Enterasys Networks and Riverstone Networks, which markets Metropolitan Area Networking kit to service providers. ®

Related Stories

Nortel slashes 700 UK jobs
Nortel slashes more jobs
Lucent to restate sales and cut 10,000 jobs
Battered, bothered, bewildered - Nortel and Lucent shareholders
Cisco boss apologises for slashing jobs

External links

Cabletron reports fiscal year end 2001 financial results

Build a business case: developing custom apps

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.