Feeds

3Com reports smaller loss as revenues shrink

Miniaturisation

  • alert
  • submit to reddit

3 Big data security analytics techniques

3Com has reported a net loss of $53m on revenues of $161m for its third fiscal quarter ending 25 February. The revenue figure was down six per cent on last year's $171m, but the $53m loss is also smaller than the $85m shortfall reported a year ago.

Revenue from enterprise products fell one per cent while connectivity products brought in 40 per cent less revenue than a year ago. The company says it expects this decline to continue, making this market segment gradually less important to its overall performance.

Revenue from the newly acquired TippingPoint accounted for less than two per cent of the total. 3Com says it expects this acquisition to boost its enterprise networking revenues in Q4 when it reports its first full post-acquisition quarter.

Overall, 3Com predicts growth in the "mid-to-high single digits" on a percentage basis in Q4. Increased revenues in the enterprise sector will be partially offset by an expected $5m decline in revenue from desktop and mobile connectivity products.

The company ended the quarter with $883m in cash, cash equivalents and short-term investments. The results in full are here. ®

Related stories

LAN switches on fire
3Com buys TippingPoint
3Com issues profit warning

SANS - Survey on application security programs

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Kingston DataTraveler MicroDuo: Turn your phone into a 72GB beast
USB-usiness in the front, micro-USB party in the back
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
BOFH: Oh DO tell us what you think. *CLICK*
$%%&amp Oh dear, we've been cut *CLICK* Well hello *CLICK* You're breaking up...
Bored with trading oil and gold? Why not flog some CLOUD servers?
Chicago Mercantile Exchange plans cloud spot exchange
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
IT bods: How long does it take YOU to train up on new tech?
I'll leave my arrays to do the hard work, if you don't mind
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
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.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.