Article: Cascade reports fourth-quarter results; Earnings per share increase 114 percent on revenue increase of 128 percent.

WESTFORD, Mass.--(BUSINESS WIRE)--Feb. 1, 1996--Cascade Communications Corp. (NASDAQ: CSCC), a worldwide supplier of high-performance, multiservice wide area network (WAN) switches, today reported results for the fourth quarter ended December 31, 1995. Revenue for the quarter increased to $46.2 million from the $20.2 million recorded for the same period in 1994. Net income for the quarter was $9.1 million, or $0.30 per share, compared with net income of $4.3 million, or $0.14 per share, for the same period in 1994.

For the twelve months ended December 31, 1995, revenue increased to $134.8 million, from $50.1 million for the prior year. Net income for the year was ...

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