Terayon Communication Systems reported Q3 revenue of $37.6 million, an increase of 54% compared to $24.5 million for Q3 2002, and an increase of 23% from $30.6 million for Q2 2003.
Zaki Rakib, Terayon’s Chief Executive Officer, said “cable operators continue to validate the economic and performance advantages of our DOCSIS 2.0 and digital video solutions in the face of increasing competition from telecom and satellite offerings.”http://www.terayon.com