Arris lifts Q4 revenues, profit but expects less next year

Thursday 19 February 2015 | 12:02 CET | News
Arris said fourth quarter revenues lifted to USD 1.26 billion from 1.19 billion the year before, while the net result went to a profit of USD 1.29 per diluted share from a loss the year earlier of USD 0.02 per share. The company ended the quarter with USD 697.4 million in cash resources. For the first quarter, Arris said results would be impacted by anticipated reductions in volume, product mix and price reductions implemented at the beginning of the year. The company guided for lower revenues and profit, to USD 1.200-1.240 billion and USD 0.08-0.13 per share, respectively.

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.


Already registered?

Categories: Fixed / Internet
Companies: Arris
Countries: World
::: add a comment

Add comment

Please login or register to leave a 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.


Arris Q1 revenues flat, profits lower

Published 30 Apr 2015 14:03 CET | World
Arris reported first-quarter revenues of USD 1.215 billion, down 1 percent from a year ago and in line with the company's ...

Arris to acquire Pace for USD 2.1 billion

Published 23 Apr 2015 02:52 CET | World
Arris and Pace jointly announced that they have agreed that Arris will acquire Pace for a total stock and cash consideration of ...

Arris provides equipment to Nascar Productions

Published 30 Mar 2015 09:08 CET | United States
Arris announced that its technology and services will help power Nascar Productions by providing Nascar Productions with ...

Arris Market platform to add Net2TV TV streaming service

Published 12 Dec 2014 18:39 CET | World
Arris Group's Arris Market platform will add Net2TV's streaming television service, Portico TV, to its over-the-top (OTT) content ...

Arris posts strong Q3 with profit more than doubling

Published 30 Oct 2014 10:16 CET | World
Arris reported third-quarter revenues of USD 1.405 billion, up from USD 1.068 billion a year ago thanks its takeover of the ...