Alvarion Reports Record Results for the First Quarter 2004.

Business WireMay 05, 2004

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Alvarion Reports Record Results for the First Quarter 2004.

Business Editors/High-Tech Writers

TEL - AVIV, Israel--(BUSINESS WIRE)--May 5, 2004

Revenues increased 13% sequentially to a record of $44.7 million,

improvement in all financial measurements

Alvarion Ltd. (NASDAQ: ALVR), the global leader in wireless broadband solutions, today announced financial results for the first quarter ended March 31, 2004.

Revenues for the first quarter of 2004 rose to a record $44.7 million, an increase of 13% compared to $39.5 million in the fourth quarter of 2003, and up 100% from $22.4 million in the first quarter of 2003. Gross margin increased for the 10th consecutive quarter, r...

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