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Broadband

Arris lifts profit, revenues in Q3

Thursday 2 November 2017 | 08:35 CET | News
Arris said its net profit for the third quarter passed expectations, rising to USD 0.47 per diluted from 0.25 the year before. Revenues lifted 0.2 percent from the year before to USD 1.729, just missing guidance, but the company said there was velocity at all of its segments. In particular, momentum returned with strong demand for its E6000 Converged Edge Network product line. Operators also continued to invest in broadband capacity and connectivity which, combined with the company's pending Ruckus Networks acquisition, positions Arris well to capitalize on service provider growth plans.

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Categories: Fixed
Companies: Arris
Countries: World
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