Monday, July 10, 2006

Occam Reports Eighth Consecutive Quarter of Record Revenue

Occam Networks, a supplier of Ethernet and IP-based loop carrier equipment, reported quarterly revenue of $16.2 million, posting its third consecutive quarter of operating profits and its eighth consecutive new revenue record. Second quarter 2006 revenues represented an increase of 14 percent over the first quarter of 2006, and an 86 percent increase over the same second quarter of 2005.

Occam noted that its customer base has grown to more than 170 customers.

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