Wednesday, October 19, 2011

Tekelec: $20M Diameter Router Order Received

Tekelec announced a "stronger than expected preliminary third quarter 2011 revenues and earnings".

In addition, the company said that it " .. received a Diameter Signaling Router (“DSR”) related order in the amount of approximately $20 million in early October which was previously expected to be received in the third quarter. This order represents the single largest Broadband Network Solutions order in the Company’s history and the Company believes it demonstrates the continued traction the Company’s products are gaining in the early adoption phase of DSR technology".

Tekelec (NASDAQ:TKLC) is up 17.5% in mid-day with heavy volume.

Related post - "How does/will Verizon Wireless Use Tekelec's Diameter Router?" - here and "Tekelec Shows Traction in Diameter Routing - 2nd Order from Verizon" - here.

See "Tekelec Announces Preliminary Third Quarter 2011 Results and Release Date for Third Quarter Earnings" - here.

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