News & Analysis » US
Sycamore Networks Turns To Profit In Q4 - Quick Facts
September 2, 2010, Thursday, 19:01 GMT | 14:01 EST | 23:31 IST | 02:01 SGT
(RTTNews) - Sycamore Networks Inc.'s (SCMR) fourth-quarter GAAP net income was $0.52 million or $0.02 per share compared with a loss of $34.93 million or $1.23 per share last year.
Non-GAAP net income for the quarter was $1.33 million or $0.05 per share compared with a loss of $6.53 million or $0.23 per share in the year-ago period.
On average, 2 analysts polled by Thomson Reuters expected loss per share of $0.09 for the quarter. Analysts' estimate typically excludes one-time items.
Revenue for the fourth quarter of fiscal 2010 was $22.23 million compared with $17.24 million for the fourth quarter of fiscal 2009.
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