Wednesday, July 26, 2006

Tellabs Reports Revenue of $549 million, up 19%

Tellabs reported Q2 revenue of $549 million, up 19% from $463 million in the second quarter of 2005. On a GAAP basis, Tellabs earned $54 million or 12 cents per share in the second quarter of 2006, up 30% from $41 million or 9 cents per share in the second quarter of 2005.



Broadband -- Revenue from the broadband segment totaled $298 million, up 20% from $248 million in the second quarter of 2005. Within the broadband segment, access revenue rose 32% to a record $190 million from $143 million in the second quarter of 2005. Managed access revenue fell 10% to $86 million from $96 million a year ago. Broadband data revenue more than doubled to $22 million from $9 million in the second quarter of 2005.



Transport -- Revenue from the transport segment totaled $202 million, up 19% from $170 million in the second quarter of 2005, driven by demand from wireless customers.



Services -- Services revenue was $49 million, up 8% from $45 million in the second quarter of 2005.

http://www.tellabs.com

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