Financials

Verizon reported Q4 2023 total operating revenue of $35.1 billion, a decrease of 0.3 percent from fourth-quarter 2022. Earnings per share was $(0.64), compared with earnings per share of $1.56...

AT&T reported F2023 Q4 revenues of $32.0 billion, up 2.2% YoY, driven by higher Mobility and Consumer Wireline revenues. Full-year operating income reached $23.5 billion, with adjusted operating income of...

Hewlett Packard Enterprise (HPE) has appointed Neil MacDonald to lead its HPC & AI business segment, as well as its Compute business. MacDonald will focus on enhancing HPE's Compute portfolio...

LightRiver has appointed Jim Brinksma as Senior Vice President of Software Solutions. Brinksma will be based out of LightRiver's Holmdel Software Development Center in New Jersey. Brinksma's career spans Department...

On a conference call, executives from HPE and Juniper Networks said the strategic imperative for their proposed merger “will strengthen HPE’s position at the nexus of accelerating macro-AI trends, expand...

Ayar Labs has announced new additions to its Board of Directors and named a new CTO. These experts will help drive the company's growth and innovation in optical I/O technology...

Hewlett Packard Enterprise (HPE) plans to acquire Juniper Networks to boost its hybrid cloud and AI capabilities. The acquisition will enhance HPE's edge-to-cloud strategy and enable new digital experiences through...

EKINOPS reported its consolidated revenue figures for FY 2023, with a modest 1% YoY increase. Q4 2023 saw a 9% sequential growth, and the optical transport business line experienced a...

Lumen Technologies appoints Ashley Haynes-Gaspar as Executive VP & Chief Revenue Officer, leading a team to accelerate growth and enhance business outcomes.

Extreme Networks has updated its financial outlook for Q2, 2023, with revenues expected to be around $294-297 million. The company also anticipates strong growth in subscription and support revenue. CEO...

EchoStar Corporation completes acquisition of DISH Network, creating a global leader in wireless connectivity. The merger combines DISH Network's satellite technology, streaming services, and 5G network with EchoStar's communications solutions,...

Cisco has announced its acquisition of Isovalent, a start-up specializing in open source cloud native networking and security. The financial details of the deal have not been disclosed. Isovalent is...

Luna Innovations secures $50 million investment from White Hat Capital Partners and acquires UK-based Silixa, a supplier of fiber optic sensing solutions.