Vyyo Q1 sales sank to $623,000 from $2.4 million a year ago; its...
Vyyo Q1 sales sank to $623,000 from $2.4 million a year ago; its net loss widened to $11 million, from $8 million a year ago. Those figures missed analyst forecasts. Janco’s Cameron Cooke expected $1.4 million in revenue. The…
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company will focus on increasing revenue moving forward, CEO Wayne Davis said: “Now that we have a hardened product and [it] is beginning to take orders, we need to have feet on the street sales people. That’s probably the biggest focus I have right now is to get that team in place to go after the business.” The company will pitch other cable operators on its 3 GHz spectrum overlay product, it said. Vyyo will probably land another large cable operator customers in 2008, Cooke wrote.