Agilent Technologies (A) reported flat net revenues and a 35% year-over-year drop in net income for its second fiscal quarter ending April 30, and announced a restructuring program that will result in 450 eliminated positions. That figure reflects a cut of about 2% to Agilent’s global workforce. The company has more than 20,000 employees in [...]

Cell site solutions provider PCTel saw its revenues grow substantially during the first quarter of 2013, with $25.1 million in revenue – an increase of 46% year-over-year. The company said that its TelWorx acquisition accounted for 25% of the growth, with the remaining 21% of growth coming from PCTel’s pre-acquisition operations. PCTel specializes in antennas [...]

Aruba Networks, Inc. said that that it expects its revenues for the quarter ended April 30 to fall below its guidance, citing delays in customer orders. “In April, we saw a push out in customer orders across the Americas, Europe and Asia,” said Dominic Orr, president and CEO of Aruba. “We attribute this weakness primarily [...]

Wi-Fi company Ruckus Wireless’ revenues jumped 27% year-over-year to $57.2 million, but the company had expected even more and cited delayed deployments for not meeting its guidance for the first quarter of 2013. Net income on a GAAP-basis was $300,000, down from $3.7 million in the year-ago quarter. Selina Lo, president and CEO at Ruckus, [...]

National Technical Systems, which provides testing and engineering services to the telecom industry among others, had a record quarter of growth. Revenues were up almost 19% to $184.5 million for its fiscal 2013. Revenues for its fiscal fourth quarter jumped almost 9% year-over-year, to $43.8 million. William McGinnis, NTS’ president and CEO, noted that the [...]

American Tower had a strong first quarter, driven by LTE rollouts and continued network investment from the four major U.S. carriers. The company’s total revenue grew 15% year-over-year to $802.7 million for the quarter. Jim Taiclet, American Tower’s CEO, said that there is “robust demand for tower space.” “Leading the charge toward pervasive 4G services [...]

Wi-Fi provider Netgear reported a weak first quarter, with net revenue down 10% year-over-year. Patrick Lo, chairman and CEO of NetGear, said that its performance for the quarter was due to difficulties in transitioning its product line to the new ReadyNAS solutions for the commercial business market, including making 10 models obsolete and replacing them [...]

Juniper Networks’ revenues were up 3% year-over-year and down 7% sequentially, the company reported in preliminary results for the first quarter of 2013. Juniper had revenues of $1.06 million, and its operating margin for the quarter increased to 8.2% year-over-year from 4.6%. Net income was $91 million. According to CEO Kevin Johnson, the quarter reflected [...]

Amid increased demand for test and measurement equipment for LTE networks, three companies in the testing space reported solid results. National Instruments announced record annual and quarterly income for the fourth quarter of 2012. Revenue for the quarter was $300 million, up eight percent year-over-year on a GAAP basis, with gross margin of 75.2 percent. [...]

German enterprise software giant SAP’s revenues were boosted by its key innovation areas: SAP Hana, mobile and cloud computing. When SAP released its full year and fourth quarter results, the company noted that its mobile business contributed more than €220 million (about U.S$293.5 million) to its software revenue, helping achieve its full year revenue target. SAP [...]