Tekelec Reports Income of $920,000 for Quarter

Tekelec, Calabasas, reported net income for the third quarter ended Sept. 30 of $920,000 compared with $10.3 million for the same period last year. Revenues increased to $64.7 million compared with $49.7 million.

Tekelec supplies signaling and control systems and develops network switching and diagnostic solutions for the communications industry.