TMCNet:  Alvarion Q3 net loss increases

[December 06, 2012]

Alvarion Q3 net loss increases

Dec 06, 2012 (Datamonitor via COMTEX) -- Alvarion Ltd, a provider of wireless broadband solutions, has reported net loss of $20.59 million, or $0.33 loss per diluted share, for the third quarter ended September 30, 2012, compared to net loss of $7.46 million, or $0.12 loss per diluted share, for the same quarter ended September 30, 2011.


Sales for the third quarter ended September 30, 2012 were $27.06 million, compared to $46.96 million for the same quarter ended September 30, 2011.

Net loss for the nine months ended September 30, 2012 was $38.19 million, or $0.61 loss per diluted share, compared to net loss of $21.59 million, or $0.35 loss per diluted share, for the same period ended September 30, 2011.

Sales for the nine months ended September 30, 2012 were $94.18 million, compared to $148.82 million for the same period ended September 30, 2011.

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