Adtran achieved 2004 sales of $ 455m, up 15%, and net income rose 23% to $75.4m.
LG Electronics posted 4Q04 net income of $ 139m (vs. a loss) and revenues were up 20% to $6.24bn. 2004 revenues rose 22% to $ 23.6bn with earnings of $ 1.46bn (+100%). Telecom business was $ 2.7bn (up 54%) in 4Q04, of which $ 2.2bn in mobile handsets export.
Tellabs: while 4Q04 revenues rose 36% to $379m, it reported a loss of $139m (including charges of $180m). FY revenues rose 26% to $ 1.2bn and FY loss was $ 30m.
CSG posted 4Q04 revenues of $137m, operating income of $ 21m. 2004 revenues rose 20% to $530m and net income was $47m (vs. a loss).
Cornings 4Q04 revenues rose 26% to $1bn, and earned $ 177m.
Zhone reported 4Q04 revenues of $ 28m (up 21%) and a $ 3.8 net loss. For the year, it posted revenues rose 17% to $ 97.2m and the loss widened to $ 35.6m.
JDSU quarter results were $ 180.5m in revenues (down 7%) and net loss of $ 43.5m (down 21%).
Nokia: 4Q04 sales were 9.1bn, of which 5.7bn in phones (-6%) and 1.9bn in Networks (+12%). FY sales were 29.3bn and FY operating profit declined 14% to 4.3bn. Mobiles phones operating profit decreased 36% to 3.8bn with a 20% operating margin (down from 28%). Networks operating profit rose 300% to 878m.
NEC reported 4Q04 revenues of $10.8bn (-26%); operating profit of $200m (-38%) and net profit of $383m. 9mo results were $33bn in sales (-1%); $787m (-13%) in operating profit and $628m (+42%) in net profit.
Siemens: 4Q04 revenues declined 1% to 18.2bn and net profit rose 38% to 1bn. Orders rose 5% to 21.5bn. EBIT grew 5% to 1.43bn. Mobile phone unit reported sales of 1.17bn and a loss of 143m. SBS reported sales of 1.25bn and EBIT loss of 25m. Communications group posted 4Q04 sales of 4.2bn, down 7%, and a profit of 240m.
STMicro announced 4Q04 sales of $ 2.33bn (+4.3%) and FY sales of $ 8.7bn (+21%); 4Q04 gross margin was 36.6% or 852m.