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ADC reports 5% growth in fourth fiscal quarter

ADC Telecommunications Inc. has announced results for its fourth fiscal quarter ended Oct. 31.


December 13, 2006  


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ADC Telecommunications Inc. has announced results for its fourth fiscal quarter ended Oct. 31.

“In the face of challenging market conditions, we achieved year-over-year sales growth of 5% in the fourth fiscal quarter of 2006,” said Robert Switz, president and CEO of ADC.

“We remain focused on achieving profitable growth and positioning ADC well for the future by delivering innovative solutions to help our customers reach their goals of being more effective and efficient broadband communications providers.”

Switz added the company can obtain further growth through investments in “organic and inorganic value-creating activities” in fiber, enterprise and wireless infrastructure, as well as increased participation in fast-growing regions such as Asia.