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The company, the largest American maker of telephone equipment, had its first profitable fiscal year since 2000 as fourth-quarter earnings rose on sales of gear to speed wireless networks.
Nor does it bolster their case that Sprint last week reported its most profitable fiscal year ever.
Like their contemporaries in the United States, the Canadian divisions of major automakers recently concluded their most profitable fiscal year since the most recent US recession.
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In fact, Continental was profitable this year through August, with Wall Street predicting a full-year profit.
Moreover, Apple had a profitable fiscal year in 1998, its first since 1995.
Most were profitable last year.
We think 45 will be profitable this year.
Vonage says it will be profitable this year.
Mr. Stengel said that Time was "very profitable last year, and we will be even more profitable this year".
"We will be profitable next year," Mr. Ghosn said.
(It will not say if it will remain profitable next year).
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