With several other telecom companies reporting financials this week, Tellabs is not the only one under The Street's watchful eye. The latest to report: Motorola Inc. and RealNetworks Inc.

Motorola Inc.

In the second quarter, Motorola Inc. suffered its biggest net loss to date: $2.3 billion. The loss was primarily fueled by the $1.3 billion loss in its semiconductor unit.

Motorola posted a net loss of $2.32 billion, or $1.02 a share, compared with a loss $759 million, or 35 cents, a year earlier. Revenue fell from $7.29 billion a year earlier to $6.74 billion.

Orders in Motorola's Broadband Communications Sector unit fell 45 percent to $420 million as a result of the continuing decline by cable operators in their purchases of subscriber equipment — most notably Adelphia Communications Corp., Motorola said in a statement. The unit recorded sales of $554 million, down 32 percent compared to the year-ago quarter.

The company provided the Street a little hope with its third-quarter outlook, which calls for the company to post a small profit. Third-quarter sales are expected to be $6.7 billion. Full-year 2003 sales are forecast to be $29 billion, with earnings of 45 cents a share. Motorola shares were up 47 cents to $15 as of 12:34 p.m. EDT.

RealNetworks Inc.

RealNetworks posted a narrower second-quarter loss of $1.5 million, or 1 cent per share. In the same period a year ago, the company reported a loss of $19.9 million, or 12 cents per share.

The results were in line with the revised outlook RealNetworks offered last month, calling for a loss between 1 cent and 2 cents a share. Sales also were in line with its revised outlook. The company posted sales of $43.8 million, down from $47.86 million in the year-ago period. Real was expecting to report income of between $42.5 million and $45 million.

RealNetworks shares were down 12 cents to $4.06 as of 1.01 p.m. EDT.