Veraz Networks 1Q08 Update
Total revenue $27.9 million, a 20% decline from 4Q07
VoIP product revenue $20.7 million, compared to 4Q07 revenue of $20.9 million
1 customer accounted for 10% of 1Q08 revenues: MTN. Top 10 customers accounted for 52% of Q1 revenues. 6 customers each accounted for $1million or more in Q1 revenue.
4 new switching customers in 1Q08.
Revenue split: 16% North America, 84% International. Compared to 4Q07 split of 23% North America, International 77%.
Service revenue: $5.6 million. Gross margin: 53.6%.
Bookmark/Search this post with:
