Question-and-Answer Session
Operator
Thank you. (Operator instructions). The first question is from Jonathan Ho of William Blair. Please go ahead.
Jonathan Ho – William Blair
Good morning.
Amiram Levinberg
Hi, there. Good morning, Jonathan.
Jonathan Ho – William Blair
Good to hear from you guys. My first question is on your comments about the positive signs in the market and an improvement in the second half of 2009, can you maybe give us a little bit more color on what you're seeing in terms of customer order patterns and just roughly what your expectations are in terms of maybe on the top line or even with last year for the back half of the year, or are we looking for incremental improvement, just maybe some magnitude type viewpoint in terms of the second half?
Amiram Levinberg
You know, to give you some color, I would say that in the first half of the year, not only we saw a decline in revenues, but we saw that what we used to call long cycles for bookings take too long to the extent that booking averages go down. As we see it now, we think that booking level are catching up again, and this is the first indication of improvement. So we think that the bookings will catch up in the next two quarters. How fast we will be able to translate that into revenues, this is a bit too soon to say. But I hope that we can improve on revenues as well but it is a bit too soon to say.
Jonathan Ho – William Blair
Is there a particular region or a set of customers that seem to be willing to spend again on the carrier side or with other enterprise applications, just maybe talk about mix by customer segment what you are seeing?
Amiram Levinberg
I think as a general statement kind of almost across the board in the sense that we saw many delays and think that we didn't close for a long time stock closing now, and that applies for I would say may regions results mentioning any specific one I think. Ari, do you want to say a? okay, now is I think it is I think it is quite a (inaudible).
Jonathan Ho – William Blair
Okay. An in terms of Colombia, can you maybe just remind us about how much revenue per quarter you are expecting for the balance of the year and can they actually release any funds yet. We saw the press release a couple of days ago in terms of the completion on the project but have they actually paid you guys and any concerns there?
- To read the full transcript on Seeking Alpha, click here »
