Feeds

3Com misses the bar in Q1

Sales up, but not enough for Wall St

3 Big data security analytics techniques

3Com fell short of Wall Street’s expectations when it unveiled its third quarter results yesterday.

The networking vendor turned in revenues of $300m, up 69 per cent on the year, but short of the $314m analysts were looking for. The figures were pumped up by the inclusion of figures from its Huawei-3Com joint venture, but the company also said pro forma revenues were up 16 per cent.

Operating losses were $20.9m, compared to the previous year’s $46.7m loss. Net losses were $14m, compared to a $42m shortfall the previous year. This resulted in a loss per share of $0.04, including a $0.04 charge for restructuring amortization and stock-based compensation expenses. Wall Street had been expecting a $0.01 loss per share.

Despite missing Wall Street’s expectations, 3Com pres and CEO Edgar Masri, said he was “pleased” with the figures, particularly the Huwaei and 3Com joint venture and expense control in its Secure Converged Networking business.

Masri said its networking, security, voice and services businesses all grew year on year, but the company needed to “bring a level of consistency to all areas of our business so each group increases sales and profitability.”®

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
Inside the Hekaton: SQL Server 2014's database engine deconstructed
Nadella's database sqares the circle of cheap memory vs speed
BOFH: Oh DO tell us what you think. *CLICK*
$%%&amp Oh dear, we've been cut *CLICK* Well hello *CLICK* You're breaking up...
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
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
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.