Xtera Communications (XCOM) Reports Q4 Loss of $5.49
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Xtera Announces Fiscal Fourth Quarter and Full Year 2015 Financial Results
December 9, 2015 4:02 PM ESTDALLAS, Dec. 9, 2015 (GLOBE NEWSWIRE) -- Xtera Communications, Inc. (NASDAQ: XCOM), a provider of high-capacity optical transport solutions, today announced financial results for its fiscal fourth quarter and full year ended September 30, 2015. Revenue for the fourth quarter of fiscal 2015 was $15.0 million, an increase of 132% compared to $6.5 million for the fourth quarter of 2014.
"2015 was a year of significant progress for Xtera as we more than doubled our revenue, successfully demonstrated in a real world network the industry's highest capacity/longest reach solution at 64 Tbit/s per fiber pair with reach of over 1,500 km, began commercial... More
