0
Broadband

Ikanos meets Q4 guidance, sees stable Q1

Friday 23 January 2015 | 09:30 CET | News
Ikanos Communications reported fourth-quarter revenues of USD 11.5 million, down from USD 17.6 million a year earlier but in line with the company's guidance. The gross margin dipped to 49 percent from 50 percent in Q4 2013, and the net loss widened to USD 10.4 million ot 7 cents a share, from USD 8.6 million or 10 cents a share a year ago. Ikanos finished the year with USD 15.7 million in cash, up from USD 6.7 million in September thanks to its share placement of USD 16.3 million in the quarter. For the first quarter, the company forecast revenue of USD 10-12 million, a gross margin of USD

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: Ikanos Communications
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

Ikanos holds onto Nasdaq listing with share rollback

Published 12 Feb 2015 09:03 CET | World
Ikanos Communications effected a share rollback of 1-for-10 from 5.00 pm ET on 13 February in order to up its share price. ...

Ikanos Communications completes rights offering

Published 06 Feb 2015 22:46 CET | World
Ikanos Communications, a provider of broadband semiconductor and software products for the connected home, has completed its ...

Ikanos guides for Q4 revenues at USD 11.5 mln

Published 15 Jan 2015 15:09 CET | World
Connected home specialist Ikanos Communications expects revenues for its fourth quarter to 28 December to come in within ...

Ikanos, SoftAtHome partner on broadband monitoring tools

Published 07 Jan 2015 09:48 CET | United States
Ikanos Communications and SoftAtHome announced at CES that they are extending their partnership to deliver broadband monitoring ...

ST&T picks Ikanos processor for smart-home platform

Published 05 Jan 2015 17:04 CET | World
Ikanos Communications, a provider of advanced broadband semiconductor and software products for the connected home, announced ...

Ikanos to demo latest connected home tech at CES 2015

Published 30 Dec 2014 12:46 CET | World
Ikanos Communications, a provider of advanced broadband semiconductor and software products for the connected home, announced ...

Ubee picks Ikanos for multi-mode gateway products

Published 03 Dec 2014 17:17 CET | World
Ikanos Communications, a provider of advanced broadband semiconductor and software products for the connected home, extended its ...

Ikanos starts rights offering

Published 02 Dec 2014 09:33 CET | World
Connected home specialist Ikanos Communications has started its rights offering, with the expiration date set for 12 January. ...

Ikanos Q3 revenues slide lower to USD 11.1 million

Published 31 Oct 2014 13:10 CET | World
Connected home specialist Ikanos Communications said third quarter revenues came in within its guidance, falling to USD 11.1 ...