BOULDER, Colo.-Equipment manufacturer Carrier Access Corp. reported second-quarter net losses of $903,000 from revenues of $24.9 million, vastly improving on the company’s year-ago net loss of $1.44 million based on revenues of $18.9 million.
Roger Koenig, president and chief executive officer of Carrier Access, pointed out that the company has increased its development expenses by $3.3 million to $7.6 million quarter over quarter. He also pointed out that the company is cash-flow positive for the fifth consecutive quarter.
