Bay Networks Inc has reported first quarter net profits down 91.1% at $5.6m including a one-time charge of $42.7m related to the acquisition of LANcity Corp in September on revenue that rose 14.2% to $522.7m. Per share fell 90.1% to $0.03.
Bay Networks Inc has reported first quarter net profits down 91.1% at $5.6m including a one-time charge of $42.7m related to the acquisition of LANcity Corp in September on revenue that rose 14.2% to $522.7m. Per share fell 90.1% to $0.03.
