Monday, November 7, 2011
The company also announced its Q3 results - "Revenue for the third quarter 2011 was $106.2 million, down 2% compared to $108.3 million for the third quarter 2010. Orders were $67.9 million for the quarter, down 16% from the same period in 2010. The orders decline was across both the Global Signaling Solutions and Broadband Network Solutions business units"
In October 2011 alone, Tekelec received 2 orders for its Diameter router product which accumulate to almost 50% of Q3 orders: "The Company 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 [Verizon Wireless - here] . .. The Company received a second DSR related order in the amount of approximately $13 million in late October from another large carrier"
See "Tekelec to Be Acquired for Approximately $780 Million" - here and "Tekelec Announces Third Quarter 2011 Operating Results" - here.