Acterna Corporation Announces Preliminary Sales Results for its Second Quarter.Business/Technology Editors BURLINGTON, Mass.--(BUSINESS WIRE)--Oct. 25, 2000 Acterna Corporation (OTC-BB: ACTR ACTR American Council of Teachers of Russian ACTR Actuator ACTR Association for Canadian Theatre Research ACTR A Christmas To Remember ACTR Assistant Contract Technical Representative (NMCI liaison) ), formerly Dynatech Corporation, today announced preliminary sales results for the quarter ended September 30, 2000. On a pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma basis giving effect to the merger with Wavetek Wandel & Goltermann, the acquisition of Cheetah Technologies, and other acquisitions and divestitures, net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight for the three months and six months ended September 30, 2000 were approximately $310 million and $607 million, respectively, as compared to $255 million and $468 million, respectively, on a pro forma basis for the same periods last year. The increase in net sales resulted primarily from an increase in net sales of optical transport and cable network products. About Acterna Corporation: Acterna Corporation is the world's second largest developer, manufacturer and marketer of instruments, systems, software and services to test, deploy, manage and optimize communications networks, equipment and services. With more than 750 sales personnel and a local presence in more than 80 countries, Acterna offers a broad range of products that test and manage the operational performance of converged networks, including optical transmission systems, data services, voice services, cable services and video delivery. The company also supplies in-flight passenger information systems and video color correction Altering the colors in an image in order to print or display it properly or for special effects. Depending on the application, color correction can be a significant problem if the resulting image must be approved or a purchase is made because of color choice. systems through its AIRSHOW and da Vinci da Vinci Surgery A surgical robot for performing certain surgeries–eg, mitral valve repair and laparoscopic procedures–eg, cholecystectomy and gastric ulcer repair. See Laparoscopic surgery, Robotics, Surgical robot. Systems subsidiaries. This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgment on certain issues. Because such statements apply to future events, they are subject to risks and uncertainties that could cause the actual results to differ materially. Important factors that could cause actual results to differ materially are described in the Company's reports on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and 10-Q on file with the Securities and Exchange Commission. |
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