Financials: Fourth Quarter 2011 Results

Investor Relations

Fourth Quarter 2011 Results

Financial highlights

  • Revenue for the fourth quarter of 2011 was $33.4 million a increase of $3.2 million from the prior quarter.
  • Gross margin at 36.0%
  • Operating expenses at $16.7 million
  • Non-GAAP Proforma EBITDA profit of 0.3 million
  • Cash balance at $18.2 million
  • Cash balance net of debt obligations is positive $3.2 million

Press release

Zhone Technologies Reports Fourth Quarter 2011 Financial Results

Mory Ejabat, Chairman and CEO, and Kirk Misaka, CFO, will present the results in a simultaneous Audio Webcast and Telephone Conference on:
Wednesday, January 25, 2012
2:00 PM PDT / 5:00 PM EDT

Audio Webcast

Click here to access to the webcast

Conference Call-in Number

Replay: +1 (888) 286-8010 (US); +1 (617) 801-6888 (International)
Passcode 64982630




To supplement Zhone's consolidated financial statements presented in accordance with GAAP, Zhone uses pro forma EBITDA, a non-GAAP measure Zhone believes is appropriate to enhance an overall understanding of Zhone's past financial performance and prospects for the future. The presentation of this additional information is not meant to be considered in isolation or as a substitute for measures of financial performance prepared in accordance with GAAP. A reconciliation between net loss calculated on a GAAP basis and pro forma EBITDA on a non-GAAP basis is provided in a table immediately following the Unaudited Condensed Consolidated Statements of Operations included in the press release which can be accessed from the link above.