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Article: C-COR Reports Financial Results for Third Quarter of Fiscal Year 2005.
- Article from:
- Business Wire
- Article date:
- April 21, 2005
CopyrightCOPYRIGHT 2005 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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STATE COLLEGE, Pa. -- C-COR Incorporated (Nasdaq:CCBL), a global provider of interoperable network solutions that simplify the transition to on demand networks, today reported its financial results for the third quarter of fiscal year 2005, ended March 25, 2005. Net sales for the third quarter were $48.2 million compared to $58.4 million for the same period last year. Bookings in the quarter were $93.6 million for a book-to-bill ratio of 1.94.
The net loss for the third quarter of fiscal year 2005 was $17.3 million, compared to a net income of $5.0 million for the same period last year. The loss per share for the third quarter of fiscal year 2005 was $(.37) ...