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Tellabs Loses $23M in Q4

February 01, 2013 |
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.

Tellabs Inc.



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