TII Network Technologies Inc. (TIII)

  • Due nuove obbligazioni Societe Generale, in Euro e in Dollaro USA

    Societe Generale porta sul segmento Bond-X (EuroTLX) di Borsa Italiana due obbligazioni, una in EUR e una in USD, a tasso fisso decrescente con durata massima di 15 anni e possibilità di rimborso anticipato annuale a discrezione dell’Emittente.

    Per continuare a leggere visita questo LINK
TII Network Technologies Reports Third Quarter 2007 Results
Wednesday November 14, 9:00 am ET
Sales Increase 21 percent

EDGEWOOD, N.Y., Nov. 14 /PRNewswire-FirstCall/ -- TII Network Technologies, Inc. (Nasdaq: TIII - News), a company that helps bridge service provider technologies to consumer communication needs, today announced its results of operations for the three and nine months ended September 30, 2007.
ADVERTISEMENT

Net sales for the three months ended September 30, 2007 were $12.7 million compared to $10.5 million for the comparable prior year period, an increase of $2.2 million or 21.1%. The growth reflects increased sales of station electronics, connectivity, VoIP and home networking products, offset, in part, by a decrease in sales of the Company's traditional network interface protection devices.

GAAP net income was $372,000, or $0.03 per diluted share, for the three months ended September 30, 2007 compared to GAAP net income of $399,000, or $0.03 per diluted share, for the similar prior year period. Non-GAAP net income, which excludes restructuring charges related to the closing of the Company's Puerto Rico facility, was $672,000, or $0.05 per diluted share, for the three months ended September 30, 2007 compared to non-GAAP net income of $399,000, or $0.03 per diluted share, for the similar prior year period.

Net sales for the nine months ended September 30, 2007 were $34.9 million compared to $31.1 million for the similar prior year period, an increase of $3.8 million or 12.0%. The growth reflects increased sales of station electronics and home networking products, offset, in part, by a decrease in sales of the Company's traditional network interface protection devices.

GAAP net income was $383,000, or $0.03 per diluted share, for the nine months ended September 30, 2007 compared to GAAP net income of $1,179,000, or $0.09 per diluted share, for the similar prior year period. Non-GAAP net income, which excludes restructuring charges related to the closing of the Puerto Rico facility, was $1,004,000, or $0.07 per diluted share, for the nine months ended September 30, 2007 compared to non-GAAP net income of $1,179,000 or $0.09 per diluted share, for the similar prior year period.

Kenneth A. Paladino, President and Chief Executive Officer, in commenting on the quarter stated: "The increase in our sales reflects the broadening strength of our new product lines which more than offset a reduction in sales of our traditional network interface protection business.

Looking forward, we like our position in the marketplace and see improved financial results. Certain items particularly noteworthy for the three and nine months ended September 30, 2007 are:


-- In consolidating our Puerto Rico operations into our new facility, we
have incurred restructuring costs, included in cost of sales, of
$484,000 and $1,030,000 for the three and nine months ended September
30, 2007, respectively. As previously disclosed, we believe this
consolidation, though negatively impacting our margins through the
third quarter, will improve our operating efficiencies beginning in the
fourth quarter and result in annual cost savings of approximately
$1.3 million.

-- The Company's tax provision for book purposes is significantly higher
than the taxes expected to be paid, principally due to the availability
of net operating loss carryforwards.

-- Stock-based compensation expense for the three months ended September
30, 2007 and 2006 was $302,000 and $158,000, respectively. Stock-based
compensation expense for the nine months ended September 30, 2007 and
2006 was $823,000 and $497,000, respectively.

-- Cash provided by operating activities for the nine months ended
September 30, 2007 and 2006 was $3.2 million and $4.3 million,
respectively."
 
TII Network Technologies Reports Third Quarter 2007 Results
Wednesday November 14, 9:00 am ET
Sales Increase 21 percent

EDGEWOOD, N.Y., Nov. 14 /PRNewswire-FirstCall/ -- TII Network Technologies, Inc. (Nasdaq: TIII - News), a company that helps bridge service provider technologies to consumer communication needs, today announced its results of operations for the three and nine months ended September 30, 2007.
ADVERTISEMENT

Net sales for the three months ended September 30, 2007 were $12.7 million compared to $10.5 million for the comparable prior year period, an increase of $2.2 million or 21.1%. The growth reflects increased sales of station electronics, connectivity, VoIP and home networking products, offset, in part, by a decrease in sales of the Company's traditional network interface protection devices.

GAAP net income was $372,000, or $0.03 per diluted share, for the three months ended September 30, 2007 compared to GAAP net income of $399,000, or $0.03 per diluted share, for the similar prior year period. Non-GAAP net income, which excludes restructuring charges related to the closing of the Company's Puerto Rico facility, was $672,000, or $0.05 per diluted share, for the three months ended September 30, 2007 compared to non-GAAP net income of $399,000, or $0.03 per diluted share, for the similar prior year period.

Net sales for the nine months ended September 30, 2007 were $34.9 million compared to $31.1 million for the similar prior year period, an increase of $3.8 million or 12.0%. The growth reflects increased sales of station electronics and home networking products, offset, in part, by a decrease in sales of the Company's traditional network interface protection devices.

GAAP net income was $383,000, or $0.03 per diluted share, for the nine months ended September 30, 2007 compared to GAAP net income of $1,179,000, or $0.09 per diluted share, for the similar prior year period. Non-GAAP net income, which excludes restructuring charges related to the closing of the Puerto Rico facility, was $1,004,000, or $0.07 per diluted share, for the nine months ended September 30, 2007 compared to non-GAAP net income of $1,179,000 or $0.09 per diluted share, for the similar prior year period.

Kenneth A. Paladino, President and Chief Executive Officer, in commenting on the quarter stated: "The increase in our sales reflects the broadening strength of our new product lines which more than offset a reduction in sales of our traditional network interface protection business.

Looking forward, we like our position in the marketplace and see improved financial results. Certain items particularly noteworthy for the three and nine months ended September 30, 2007 are:


-- In consolidating our Puerto Rico operations into our new facility, we
have incurred restructuring costs, included in cost of sales, of
$484,000 and $1,030,000 for the three and nine months ended September
30, 2007, respectively. As previously disclosed, we believe this
consolidation, though negatively impacting our margins through the
third quarter, will improve our operating efficiencies beginning in the
fourth quarter and result in annual cost savings of approximately
$1.3 million.

-- The Company's tax provision for book purposes is significantly higher
than the taxes expected to be paid, principally due to the availability
of net operating loss carryforwards.

-- Stock-based compensation expense for the three months ended September
30, 2007 and 2006 was $302,000 and $158,000, respectively. Stock-based
compensation expense for the nine months ended September 30, 2007 and
2006 was $823,000 and $497,000, respectively.

-- Cash provided by operating activities for the nine months ended
September 30, 2007 and 2006 was $3.2 million and $4.3 million,
respectively."

ottimo ma grande discesa
 
ieri la trimestrale ottima , il titolo è schizzato a 1,7 e oggi continua la sua corsa verso i 2 forte resistenza.
Molto interessante l'ingresso qui magari dopo uno storno .
Di fatto che io ricordi tiii raramente ha postato dati cosi forti grazie forse anche la piano di investimenti statale in infrastrutture telecom appena avviato.
 
ieri la trimestrale ottima , il titolo è schizzato a 1,7 e oggi continua la sua corsa verso i 2 forte resistenza.
Molto interessante l'ingresso qui magari dopo uno storno .
Di fatto che io ricordi tiii raramente ha postato dati cosi forti grazie forse anche la piano di investimenti statale in infrastrutture telecom appena avviato.

infatti,,,,, last 2,15,,,,,,
 
per la miseria varcati i 3, qui c'è qualcosa di grosso sotto oltre ai bei numeri
 
Indietro