0
Broadband

Adva improves profits on sales up 1.6% in Q3

Thursday 22 October 2020 | 09:38 CET | News
Adva Optical Networking reported net profit of USD 6.7 million, up from USD 2.2 million a year ago thanks to operating cost reductions and lower one-off expenses. Revenues rose 1.6 percent year-on-year to USD 146.7 million, and the adjusted gross margin improved to 35.4 percent from 34.0 percent a year ago. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Adva Optical Networking
Countries: World
::: add a comment
This article is part of dossier

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Adva to cut its own greenhouse gas emissions by 67% by 2032

Published 08 Oct 2020 11:23 CET | World
European telecom vendor Adva today has announced new commitments to reduce greenhouse gas emissions, to limit the global ...

Adva starts marketing Ensemble Activator network operating system for disaggregated cell site gateways

Published 06 Oct 2020 15:29 CET | World
With Ensemble Activator, network operators can build open transport infrastructure and 5G roll-out. It can be used to operate a ...

Alsard Fiber uses Adva FSP 3000 for resilient connectivity throughout Iraq

Published 10 Sep 2020 11:34 CET | Iraq
Adva announced that Alsard Fiber is utilising its FSP 3000 OLS technology to provide extremely resilient, high-capacity services ...

LU-CIX selects Adva's ALM for network monitoring

Published 08 Sep 2020 12:00 CET | Luxembourg
Adva said that its ALM product has been adopted by Luxembourg's Internet Exchange LU-CIX. The deployment was facilitated by ...

Colocation Australia harnesses Adva platform

Published 01 Sep 2020 13:51 CET | Australia
The Adva FSP 3000 OpenFabric gives ColoAU and 5GN Wholesale a truly scalable architecture and the ability to support a wide range ...

Adva posts strong improvement in Q2 profits as revenues grow 9%

Published 23 Jul 2020 10:24 CET | World
Adva Optical Networking reported a strong improvement in Q2 profits, helped by revenue growth and cost reduction efforts. Net ...

Adva Q1 profit falls but order activity still strong

Published 23 Apr 2020 09:31 CET | World
Adva Optical Networking said revenues for the first quarter reached USD 132.7 million, up 3.5 percent from the year before but ...

Adva Q4 revenues up 15%, sees slower Q1 on coronavirus impact

Published 20 Feb 2020 09:39 CET | World
Adva Optical Networking reported revenues of EUR 151.1 million for the fourth quarter, up 14.9 percent from a year earlier and ...





Calendar   /   Industry Events

01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec NGON & DCI World
01 Dec 5G Italy
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
07 Dec Report: Dutch Mobile Operators 2020-Q3
07 Dec Report: Dutch Broadband 2020-Q3
08 Dec WebexOne
::: More Calendar Items