Feeds

Cabletron results a bright spot in the networking gloom

Increased revenues buck the trend

  • alert
  • submit to reddit

High performance access to file storage

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

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.