NAPERVILLE, Ill. -- Tellabs' fourth quarter 2012 revenue totaled $242 million, compared with $317 million in the year-ago quarter.
On a GAAP basis, Tellabs recorded a net loss of $23 million or 6 cents per share in the fourth quarter of 2012, compared with a net loss of $5 million or 1 cent per share in the fourth quarter of 2011.
On a non-GAAP basis, Tellabs recorded net earnings of $3 million or 1 cent per share in the fourth quarter of 2012, compared with $4 million or 1 cent per share in the year-ago quarter. Non-GAAP results for the fourth quarter of 2012 exclude pretax charges of $19 million.
Light Reading founder Steve Saunders talks with VMware's Shekar Ayyar, who explains why cloud architectures are becoming more distributed, what that means for workloads, and why telcos can still be significant cloud services players.
A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.