Network Equipment Technologies Announces Financial Results for Second Quarter of Fiscal 2012
FREMONT, CA — (Marketwire) — 11/01/11 — Telecommunications equipment maker Network Equipment Technologies, Inc. ("NET") (NASDAQ: NWK) today reported results for its fiscal second quarter ended September 30, 2011.Total revenue in the second quarter of fiscal 2012 was $16.4 million, up from $11.3 million in the first quarter of fiscal 2012 and down from $20.2 million in the second quarter of fiscal 2011. The sequential increase in revenue was primarily due to the Federal government-