SDL Profits Rise in Q3 Results

SDL Profits Rise in Q3 Results

October 19, 2000

1 Min Read

SAN JOSE, Calif. -- SDL, Inc. (Nasdaq: SDLI - news) today announced record revenues of $146.5 million and pro forma net income of $40.4 million, or $0.45 per diluted share, for the third quarter ended September 30, 2000.

Driven by significant increases in shipments of communications products for both terrestrial and undersea fiber optic systems, third quarter revenue was 208 percent above that reported for the year earlier quarter ended September 30, 1999 and 33 percent higher than revenue in the second quarter of 2000. Revenue from fiber optic communications products increased 38 percent over the second quarter and by 332 percent over the prior year quarter, and represented a record 90 percent of total revenue. Sequential growth remained strong in both terrestrial (up 42 percent) and undersea (up 28 percent) sectors of the fiber optic communications business.

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