Zhone Tech (ZHNE) Tops Q3 EPS by 1c
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Zhone Technologies Reports Third Quarter 2015 Financial Results
October 15, 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 September 30, 2015.
Revenue for the third quarter of 2015 was $22.1 million, compared to $27.5 million for the second quarter of 2015 and $29.4 million for the third quarter of 2014. Net loss for the third quarter of 2015, calculated in accordance with generally accepted accounting principles (GAAP), was $1.5 million or $0.04 per share compared with net loss of $0.4 million or $0.01 per share for the second quarter of 2015 and net loss of $2.7 million or $0.08 per... More
