Dialogic, a provider of communications technologies,
reported revenues of $55.8 million for the second quarter ending June 30, 2011.
The company’s net loss during the second quarter was 11.3
million or $0.36 per share.
This quarter we achieved the highest quarterly revenue
in our company’s history. We saw strong demand for our NextGen products
including our newest Bandwidth Optimization, Video and Infrastructure products
in the world’s fastest growing mobile networks markets, specifically in the
BRIC countries and the MEA region,” said Nick Jensen, chairman and chief
executive officer, Dialogic.
These NextGen products made up 69percent of second
quarter non-GAAP revenues, a record level versus 61 percent in the first
quarter of 2011.
In the second quarter, Dialogic also
recognized its first revenue on new mobile backhaul products. The company
anticipates that revenues for the mobile backhaul and Video products will grow
significantly in future quarters as mobile operators expand network capacity to
address the demand for data services.
In the second quarter, Dialogic saw several trends which
are indicative of its business. First, the investments made over the previous
quarters in video and mobile backhaul optimization products are now starting to
contribute to results, through contracts with customers and partners like
Telefonica and Nokia Siemens Networks.
Second, Dialogic expects to see declining revenues from
the Legacy products, which are mostly the TDM based board and blade business.
Those applications are increasingly transitioning from
special purpose hardware to IP Media Server software running on general purpose
servers. As the Legacy business declines, it is being replaced by the growth
from our NextGen products.
Also, Dialogic’s Class 4 Softswitch continues to win
significant design wins worldwide. Its book to bill for the second quarter was
slightly below one, but is slightly above one for the first half of 2011.
By Telecomlead.com Team