0
Broadband

Arris posts strong Q3 with profit more than doubling

Thursday 30 October 2014 | 10:16 CET | News
Arris reported third-quarter revenues of USD 1.405 billion, up from USD 1.068 billion a year ago thanks its takeover of the Motorola home business. Net profit rose to USD 0.37 per share from USD 0.12 a year earlier, and adjusted EPS more than doubled, to USD 0.81 versus USD 0.39. Profits were better than expected and revenues at the high end of Arris' guidance. The company ended the third quarter with USD 599.1 million of cash resources, after operating cash flow of USD 81.9 million in Q3. The order backlog was worth USD 594.1 million at the end of September, down from USD 787.6 million three

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?



Categories: Fixed
Companies: Arris / Motorola
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.


Related

Arris lifts Q4 revenues, profit but expects less next year

Published 19 Feb 2015 12:02 CET | World
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 ...

LatAm was the strongest region for Arris in Q3 - CEO

Published 30 Oct 2014 15:04 CET | Latin America
Latin America was the strongest region for Arris in the third quarter of the year, company chairman and CEO Robert Stanzione told ...

Arris launches new broadband gateways

Published 08 Oct 2014 07:29 CET | World
Arris launched a new portfolio of broadband gateways, the NVG340 and NVG370 series, to deliver premium voice, video, and data ...

Arris powers Cincinnati Bell TV Everywhere service

Published 07 Oct 2014 22:34 CET | United States
Cincinnati Bell has launched its new Fioptics TV Everywhere app in support of its new Fioptics TV services. With this app, ...

Arris introduces new broadband, telephony services at SCTE

Published 24 Sep 2014 22:19 CET | World
At SCTE 2014, Arris Group introduced a new suite of broadband and telephony services that allow operators to deliver the in-home ...

Arris, Comcast trial new RDK in broadband modems

Published 24 Sep 2014 21:46 CET | World
Arris Group is integrating a new, underlying open source software stack into broadband modems, in collaboration with Comcast. The ...

VTR selects Arris' E6000 Converged Edge Router

Published 23 Sep 2014 15:04 CET | Chile
Chilean operator VTR has selected Arris' E6000 Converged Edge Router (CER) to offer high-speed broadband services. The E6000 CER ...

Arris unveils new STBs with HEVC

Published 10 Sep 2014 14:40 CET | World
Arris will preview new set-top designs at IBC in Amsterdam. The new devices feature HEVC decode capability and 802.11ac Wi-Fi in ...

Arris introduces new compression products at IBC

Published 10 Sep 2014 14:37 CET | World
Arris is introducing new advanced compression products at IBC in Amsterdam) and SCTE in Denver. The new uplink/headend ...

Arris bookings slow in Q2

Published 01 Aug 2014 15:54 CET | World
Arris reported second-quarter revenues of USD 1.429 billion, up from USD 1.000 billion a year earlier and in line with its ...