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January 28, 1997updated 05 Sep 2016 12:32pm


By CBR Staff Writer

Cascade Communications Corp reported fourth quarter net profits up 156.3% at $23.4m on revenue up 138.7% at $110.3m; net profits for the year to December 31 1996 were up 178.5% at $70.8m on revenue up 152.8% to $341.0m. Per share rose 140.0% to $0.24 in the quarter, 157.1% to $0.72 in the year.

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