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Alvarion Reports First Quarter 2013 Results
[May 20, 2013]

Alvarion Reports First Quarter 2013 Results


May 20, 2013 (TELECOMWORLDWIRE via COMTEX) -- Alvarion Ltd. (NASDAQ: ALVR) said its first quarter revenues totaled USD8.5m, a 4.5% sequential increase.

The company noted its earnings per share were adjusted for its April 1-for-10 reverse split.

"Following the sale of our licensed carrier business, Alvarion is focusing on providing wireless solutions to high growth markets, including solutions for vertical markets, mobile offload and Wi-Fi access," said acting CEO Assaf Katan.

In the fourth quarter of 2012, revenues were USD8.2m, and the first quarter of 2012 boasted USD15.6m..

Alvarion provides optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of telecom operators, smart cities, security, and enterprise customers. The company's website is at.alvarion.com.


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