Strong 2Q for Tandberg

7/11/2006 8:59 AM Eastern

Tandberg Television reported revenue of $100.1 million in the second quarter of 2006, up 40% from $71.2 million in the year-ago period.

The digital-video-technology vendor posted operating profit of $18.9 million versus $12.2 million in the second quarter of 2005.

Net cash income from operations, however, slid to $8.2 million from $13 million in the previous-year quarter.

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