Telecom Lead America: Dialogic, a provider of
communications technologies, has posted 10.8 percent increase in revenue at
$198.1 million for 2011, compared to $178.8 million in 2010.
The company recorded $50.0 million revenue for Q4 2011,
an increase of 5.5 percent compared to $47.4 million in the third quarter of
2011.
The company earned revenue of 38.6 million from its
product segment, whilst it earned $11.4 million from services segment.
For Q4 2011, the company posted net loss at $9.2 million,
compared to $13.1 million in the third quarter of 2011, a decrease of 30.0
percent quarter over quarter.
Net loss for 2011 was $54.8 million, compared to $49.7
million for 2010, an increase of 10.1 percent year over year.
For Q4 2011, gross margin was 61.1 percent, an increase
of 130 bps compared to 59.8 percent in the third quarter of 2011. Gross Margin
in 2011 was 59.2 percent compared to 59.1 percent in 2010.
As we review our financial results for the fourth
quarter of 2011 over the third quarter of 2011, we are pleased to report that
we increased Total Revenue and Gross Margin while significantly reducing
Operating Expense, all of which resulted in $4.4 million of Adjusted EBITDA and
added to our cash position at the end of the year,” said Nick Jensen, chairman
and chief executive officer of Dialogic.
For Q4 2011, operating expense stood at $33.9 million, a
decrease of 9.0 percent compared to $37.3 million in the third quarter of 2011.
Operating Expense in 2011 were $151.9 million, an
increase of 12.7 percent compared to $134.9 million in 2010.
Since early 2011, we have been actively focused on
reducing costs and have decreased annualized operating expenses by
approximately $25 million between the first and fourth quarter of 2011. We
continue to evaluate and pursue cost management opportunities by sharpening our
focus on outsourcing, strategic sourcing and other key measures that could
yield an additional annualized cost savings of $18 – $20 million by the end of
the fourth quarter of 2012,” said John Hanson, chief financial officer at Dialogic.
Recently, Dialogic
launched Dialogic VisionVideo Software Solution to measure and track the
perceptual quality of mobile video.
editor@telecomlead.com