[November 05, 2009] BigBand Networks reports net loss in Q3 Tweet Nov 05, 2009 (Datamonitor via COMTEX) -- BigBand Networks, a provider of broadband services, has reported a net loss of $10.9 million, or $0.16 per diluted share, for the third quarter ended September 30, 2009, compared to a net income of $3.1 million, or $0.05 per diluted share, in the third quarter of 2008. For the third quarter of 2009, total revenues were $22.20 million, compared to $48.3 million in the third quarter of 2008. For the first nine months ended September 30, 2009, total revenues were $105.1 million, compared to $131.2 million in the same period of 2008. Net loss was $5.50 million, or $0.08 per share, compared to a net income of $2.5 million, or $0.04 per diluted share, in the same period of 2008. Amir Bassan-Eskenazi, president and CEO of BigBand Networks, said: "We are encouraged by the significant improvement in bookings during the third quarter, compared to the slower order activity experienced in the second quarter of 2009 that resulted in lower revenues in the September period." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]