Free Historical Stock Data on Scientific Atlanta
Stock Symbol: SFA
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Business Description
Scientific-Atlanta, Inc. provides its customers with broadband transmission networks, digital interactive subscriber systems, content distribution networks and worldwide customer service and support. The Company has evolved from a manufacturer of electronic test equipment for antennas and electronics to a producer of a wide variety of products for the cable television industry, including digital video, voice and data communications products. The Company is changing the way consumers interact with their televisions, and is a supplier of transmission networks for broadband access to the home, digital interactive subscriber systems for video, high speed Internet, voice over IP (VoIP) networks, and worldwide customer service and support. Scientific-Atlanta is applying its expertise to the current convergence of the personal computer and the television, and helping to extend multimedia broadband applications to new platforms via the set-top.
Financial Information
SFA is a provider of broadband transmission networks, digital interactive subscriber systems, content distribution networks and worldwide customer support. For the fiscal year ended 6/28/02, sales fell 33% to $1.67 billion. Net income fell 69% to $104.4 million. Sales reflect lower transmission and subscriber product sales. Net income also reflects a $83.7 million charge for the writeoff of receivables from Adelphia Communications and a $28.2 million restructuring charge.
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