Financials

Arelion announced the appointment of Daniel Kurgan as President and CEO of Arelion, replacing Staffan Göjeryd who is stepping down after seven years at the helm. Daniel Kurgan, Board Executive...

Orange Group reported revenues for the third quarter of 2023 were 10,999 million euros, an increase of 1.8%, or 194 million euros, year on year (compared with +2.6% in 2Q...

Verizon reported total operating revenue of $33.3 billion for Q3, a decrease of 2.6 percent from Q3 2022. Net income was $4.9 billion, a decrease of 2.8 percent from Q3...

Citing growth in cloud services, Microsoft reported quartler revenue of $56.5 billion, an increase of 13% (up 12% in constant currency), net income of $22.3 billion, up 27% (up 26%...

Ceragon Networks agreed to acquire Siklu, a provider of multi-Gigabit “wireless fiber” connectivity in urban, suburban and rural areas, for an enterprise value of $13-15 million.  As consideration to Siklu’s...

ADTRAN announced preliminary Q3 2023 revenue of $272.3 million as compared to the Company’s prior guidance range of $275 million to $305 million. The resulting preliminary GAAP operating margin for...

Ericsson announced the appointment of Chris Houghton as Chief Operating Officer (COO) . Houghton, who is currently Senior Vice President, Market Area North East Asia, has been with Ericsson for...

Ericsson will record a non-cash impairment charge of SEK 32 billion in Q3 2023 representing 50% of the total amount of goodwill and other intangible assets from its acquisition of...

Ekinops reported consolidated revenue of €27.8 million in Q3 2023, down -15% year-on-year. At constant exchange rates, quarterly sales declined by -13%. "Given last year's particularly challenging comparative figures, Ekinops'...

Ciena announced the promotion of Dino DiPerna and Brodie Gage to its Executive Leadership Team, reporting to President and CEO Gary Smith.  DiPerna becomes Ciena’s Senior Vice President of Global...

Teledyne Technologies agreed to acquire Xena Networks ApS, a provider of high-speed Terabit Ethernet validation, quality assurance, and production test solutions based in Copenhagen, Denmark. Financial terms were not disclosed....

Shares of Arm Holdings plc surged 25% on their first day of trading, closing at $63.59. The company priced its initial public offering of 95,500,000 American depositary shares at a...

Cadence Design Systems completed its previously-announced acquisition of the Rambus SerDes and memory interface PHY IP business. The deal brings Cadence proven and experienced PHY engineering teams in the United...