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  Openwave gains foothold in China; flies past analyst expectations
News Posted by on Tuesday January 23, @12:32AM
from the dept.
Openwave Systems, formerly known as Phone.com, has signed a technology deal with the largest wireless phone carrier in China, a potentially valuable foothold for the Silicon Valley company.

Openwave also reported second-quarter earnings of $15.8 million, or 9 cents a share, on second-quarter sales of $109.7 million Monday at the close of the market. A consensus of analysts from First Call had expected a 3 cents per share loss.


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