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Article: ADC Reports Results for the Fourth Fiscal Quarter 2005; Year-Over-Year Growth in Sales of 14% (10% Excluding 2005 Acquisitions).(Company Profile)
- Article from:
- Business Wire
- Article date:
- December 13, 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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MINNEAPOLIS -- ADC Grows to $1.2 Billion in Sales in Fiscal Year 2005 On 51% Annual Growth (22% Excluding 2004 and 2005 Acquisitions); Fiscal 2005 Diluted GAAP Earnings Per Share Increased 148% To $0.72
--Net Sales from Continuing Operations for 4Q05 Were $302 Million, Up 14% from 4Q04 (Excluding 2005 Acquisitions, 4Q05 Sales Up 10% from 4Q04)
--Year-Over-Year Sales Growth Driven by Increased Sales of Global Connectivity Solutions, As Well As Digivance(R) Wireless Systems and Professional Services Partially Offset by Lower Sales of Wireline Systems and Wireless Amplifiers
--International Sales Were 45% of Total Sales; United States Sales Grew ...