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Article: Inet Technologies Reports Solid Second Quarter Performance; Milestones Include First GPRS and Spectra2 Revenues and First Beamer Order.
- Article from:
- Business Wire
- Article date:
- July 24, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/High-Tech Writers
RICHARDSON, Texas--(BUSINESS WIRE)--July 24, 2003
Inet Technologies, Inc. (NASDAQ:INTI), a leading global provider of communications software solutions that enable carriers to more strategically operate their businesses, today reported financial results for its second quarter ended June 30, 2003.
Revenues for the three months ended June 30, 2003 were $25.5 million versus revenues of $25.0 million in the first quarter of 2003 and $26.2 million in the second quarter of 2002. The Company reported net income of $2.3 million, or $0.06 per diluted share, for the second quarter of 2003, compared to net income of $3.3 ...
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