Comverse Technology Q3 2006 Results

Comverse Technology — the mobile efforts of which include avatars, ringback tone services and various messaging solutions — has issued selected results for the third quarter of this year, apparently having still not resolved issues around its stock options grants.
“Comverse Technology today announced sales of $410,601,000 for the third quarter of fiscal 2006, ended October 31, 2006. The company ended the quarter with a 12-month orders backlog estimated at $706,325,000, cash and cash equivalents, bank time deposits and short-term investments of $1,867,761,000, and convertible debt of $419,647,000.”

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