Zhone Tech (ZHNE) Misses Q2 EPS by 1c
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Zhone Technologies Reports Second Quarter 2016 Financial Results
July 21, 2016 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 June 30, 2016.
Revenue for the second quarter of 2016 was $22.6 million, compared to $20.6 million for the first quarter of 2016 and $27.5 million for the second quarter of 2015. Net loss for the second quarter of 2016, calculated in accordance with generally accepted accounting principles (GAAP), was $1.6 million or $0.05 per share compared with net loss of $3.4 million or $0.10 per share for the first quarter of 2016 and net loss of $0.4 million or $0.01 per... More
New Compact MXK-F219 From Zhone Technologies Reaches New Heights With Size-to-Performance Ratio Compared to Previous Models
July 19, 2016 8:01 AM EDTOAKLAND, Calif., July 19, 2016 /PRNewswire/ --Â Zhone Technologies, Inc. (NASDAQ: ZHNE) has introduced the MXK-F219, an aggregation platform that supports fiber-based triple play services in a compact chassis that is 86 percent smaller than previous MXK-F models. The MXK-F219 is designed to support up to 160 Gigabits per second (Gbps) of network interface capacity.
"We introduced the MXK-F219 to our series of aggregation... More
