ECI On Target as Acquisition Nears
8/2/2007 10:53  Resource:Light Reading  Author£ºRayLe Maistre

    The Broadband Access division, which delivers variable quarterly revenues due to its reliance on bulk DSLAM orders from a small number of Tier 1 carrier customers, reported $50 million in revenues, down from $66 million a year ago but $5 million better than the first quarter. ECI noted "healthy demand from the Division's two principal customers," which are France Telecom SA (NYSE: FTE - message board) and Deutsche Telekom AG (NYSE: DT - message board). (See DT Delays Hit ECI Revenues and ECI Drops Despite VDSL2 Coup .)

    ECI's share price closed Tuesday at $9.33. The company is holding an earnings conference call at 8:30 a.m. New York time today.

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