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Article: ADC Reports Results for Third Fiscal Quarter 2006; Fiber Connectivity Deployments Drive Sales Higher; 2006 Annual Sales Estimate of $1.270-$1.285 Billion.
- Article from:
- Business Wire
- Article date:
- August 29, 2006
CopyrightCOPYRIGHT 2006 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 (NASDAQ:ADCT):
--Net Sales from Continuing Operations for 3Q06 Were $344 Million, Up 12% from 3Q05 (Excluding Fiber Optic Network Solutions' (FONS) Sales of $35 Million from 3Q06 Results, 3Q06 Sales Up 1% from 3Q05)
--Year-Over-Year Sales Growth Driven Primarily by 77% Growth in Global Fiber Connectivity Solutions and 5% Growth in Both Global Copper Connectivity Solutions and Global Enterprise Connectivity Solutions Partially Offset Primarily By Lower Wireless Sales
--APS France Results Classified as a Discontinued Operation in 3Q06 and Prior Periods
--Sales Outside U.S. Were 39% of Total Sales; U.S. Sales Grew 16% ...