Tuesday, July 19, 2005

Redback Reports Q2 Revenue of $34.6 million

Redback Networks reported Q2 revenue of $34.6 million, an increase of approximately one percent from the first quarter of 2005. Net revenue was up $2.2 million, or seven percent, over the second quarter of 2004. GAAP net loss for Q2 was $7.2 million or $ (0.13) per share attributable to common stockholders compared to a GAAP net loss of $10.7 million or $ (0.20) per share in the second quarter of 2004.

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