Wednesday, February 6, 2008

Tekelec Posts Q4 Orders of $186 Million

Tekelec reported Q4 2007 orders of $186.2 million, up 34% compared to $138.4 million for the fourth quarter of 2006 and up 71% compared to $109.2 million for the third quarter of 2007. The book-to-bill ratio was 1.62 for the fourth quarter of 2007. Revenue from continuing operations for the fourth quarter of 2007 was $115.2 million, down 8% compared to $125.1 million for the fourth quarter of 2006. Backlog as of December 31, 2007 was $417.0 million compared to $346.1 million as of September 30, 2007 and $389.6 million as of December 31, 2006. On a GAAP basis, the Company reported income from continuing operations for the fourth quarter of 2007 of $10.1 million, or $0.14 per diluted share, compared to income from continuing operations of $9.4 million, or $0.13 per diluted share, for the fourth quarter of 2006. http://www.tekelec.com

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