NETWORKING

  • 06/22/2004
    11:00 PM
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3Com Reports 4Q Revenue Growth

The growth was spurred by stronger sales across several of 3Com's enterprise networking lines, such as wireless, VoIP and security.
3Com Tuesday reported a smaller loss and 5 percent revenue growth for its fourth quarter, its first year-over-year quarterly revenue increase in more than five years.

The growth was spurred by stronger sales across several of 3Com's enterprise networking lines, such as wireless, VoIP and security. In particular, VoIP products were strong performers, with revenue almost doubling sequentially, said Bruce Claflin, president and CEO of 3Com, Marlborough, Mass., in a statement.

Sales of the company's stackable switching products to the SMB market also grew.

"Among the reasons [for revenue growth] were improved product competitiveness and enhanced channel terms, conditions and programs," Claflin said.

At the same time, sales of modular switches and routers sourced from 3Com's joint venture with Huawei Technologies declined approximately 15 percent sequentially.


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