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What: Shares of networking gear specialist Tellabs
So what: Tellabs reported third-quarter earnings last night, beating bottom-line expectations with a $0.01 net loss per share but missing revenue targets by a country mile. Management blamed slow North American sales but remained enthusiastic about prospects abroad.
Now what: Tellabs counts AT&T
Interested in more info about Tellabs? Click here to add it to My Watchlist.
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