Nera Telecommunications or NeraTel's (SGX:N01) third-quarter revenue fell 15% year over year to SG$23.6 million from SG$27.9 million, according to a filing with the Singapore Exchange on Monday.
Total order intake was down nearly 47% year over year to SG$12.3 million from SG$23.0 million.
The decline was driven by a 79% decrease in order intakes from the government, transport, and utilities segments.
Similarly, order intake from the service provider segment dropped 46% year over year to SG$9 million from SG$16.8 million.
However, order intake from the enterprise segment rose 20% year over year to SG$2.4 million.
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