| | Business Summary | | Porta
Systems
Corp.
develops,
designs,
manufactures
and
markets
a
broad
range
of
standard
and
proprietary
telecommunications
equipment
and
integrated
software
applications
for
sale
domestically
and
internationally.
The
Company's
operation
support
systems
(OSS
systems)
focus
on
the
access
loop
and
are
components
of
telephone
companies'
service
assurance
and
service
delivery
initiatives.
Telecommunications
connection
and
protection
equipment
is
used
to
connect
copper-wired
telecommunications
networks
and
to
protect
telecommunications
equipment
from
voltage
surges.
Signal
processing
equipment,
which
the
Company
sells
principally
for
use
in
defense
and
aerospace
applications,
supports
copper
wire-based
communications
systems. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Porta
Systems
designs,
develops,
manufactures
and
markets
standard
and
proprietary
telecommunications
equipment,
integrated
software
applications
and
signal
processing
equipment.
For
the
six
months
ended
6/30/01,
revenues
fell
46%
to
$16
million.
Net
loss
totaled
$5.7
million,
up
from
$2.6
million.
Revenues
reflect
decreased
sales
due
to
a
general
slow
down
in
the
telecommunications
industry.
Higher
loss
also
reflects
the
inability
to
absorb
certain
fixed
costs. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Carney, 64
Chairman
and CEO | $270K | Edward Kornfeld, 57
Sr.
VP - Operations and CFO | 197K | Michael Tancredi, 71
Sr.
VP, Sec. and Treasurer | -- | Prem Chandran, 48
Sr.
VP | -- | David Rawlings, 57
Sr.
VP | 146K | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/p/psi.gif)