Zhone Tech (ZHNE) Tops Q1 EPS by 5c
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Zhone Technologies Reports First Quarter 2015 Financial Results
April 21, 2015 4:15 PM EDTOAKLAND, Calif.--(BUSINESS WIRE)-- Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in the fiber access market, today reported its financial results for the quarter ended March 31, 2015.
Revenue for the first quarter of 2015 was $27.1 million, compared to $30.1 million for the fourth quarter of 2014 and $28.6 million for the first quarter of 2014. Net loss for the first quarter of 2015, calculated in accordance with generally accepted accounting principles (GAAP), was $0.6 million or $0.02 per share compared with net loss of $2.1 million or $0.06 per share for the fourth quarter of 2014 and net income of $0.3 million or $0.01 per... More
