Tuesday, July 24, 2007

Tellabs second-quarter profit and revenue fall

(Reuters) - NEW YORK, July 24 - Network equipment maker Tellabs Inc. said on Tuesday its second-quarter net profit fell 45 percent as sales dropped.



Earnings fell to $30 million, or 7 cents per share, from $54 million, or 12 cents, a year earlier.


Read more at Reuters.com Market News

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