Tollgrade Reports Second Quarter 2008 Results
                   
digitalmediaonlineinc.com     24-Jul-2008            

By PR Newswire PITTSBURGH, July 23 /PRNewswire-FirstCall/ -- Tollgrade Communications, Inc. (Nasdaq: TLGD), a leading supplier of network service assurance test products and solutions, today reported revenue of $14.6 million and a loss per share of ($0.02) for the second quarter ended June 28, 2008. These results include the effects of non-cash charges for stock-based compensation and restructuring expenses, which amounted to $0.02 per share. Excluding these charges, non-GAAP earnings performance for the second quarter 2008 was break-even. In comparison, on a GAAP basis, revenue and earnings per share for the second quarter ended June 30, 2007 were $14.2 million and $0.03, respectively, while earnings per share on a non-GAAP basis for the second quarter ended June 30, 2007, were $0.06. (Logo:... [read full story]                    


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