View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
March 25, 1997updated 05 Sep 2016 12:54pm

CABLETRON BRINGS IN RESULTS ON BUTTON

By CBR Staff Writer

Cabletron Systems Inc, Rochester, New Hampshire, saw its shares put on more than a point against the trend yesterday after fiscal fourth quarter profits met expectations. The shares rose $1.25 to $30 in early trading Monday. The company reported record fourth quarter sales of $380.6m, a 26% increase on the same period last year, as it added resellers and took on Ingram Micro Inc. We are extremely pleased to announce our 32 quarter of consecutive record growth, the strongest and steadiest earnings growth rate among all S&P 500 companies, Cabletron president and chief executive Robert Levine said.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU