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Multi-Function T1/E1 Module Designed to Help Carriers Cost-Effectively Migrate from Copper to Fiber; Three Operating Modes Deliver Flexibility<img
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Nov 09, 2009 (Wall Street Horizon via COMTEX) --
MRV Communications (MRVC.PK)
Expected next earnings release: Announcement date: 11/9/2009 - After Market Earnings Quarter: Q1 Announcement Status: Verified
Expected next investor conference call information: Conference Call Date: 11/9/2009 Conference Call Time (ET): 5:00 PM Conference Call URL: http://ir.mrv.com
Tags: communications conference corporate earnings market
Companies: MRV Communications, Inc (MRVC)
Nov 11, 2009 (Datamonitor via COMTEX) --
MRV Communications, a provider of telecommunications services, has reported a net loss attributable to the company stockholders of $0.5 million for the third quarter ended September 30, 2009, compared to a net loss of $9.9 million, or $0.06 per share, in the same quarter of 2008.
For the third quarter of 2009, total revenues were $128.9 million, compared to $130.6 million in the third quarter of 2008.
For the first nine months ended September 30, 2009, net loss attributable to the company stockholders was $21.6 million, or $0.14 per share, compared to a net loss of $12.8 million, or $0.08 per share, in the comparable period of 2008. Total revenues were $366.81 million, compared to $403.79 million in the same period of 2008.
Noam Lotan, CEO of MRV Communications, said: "We are pleased to share our year-to-date results with you today. The third quarter results demonstrate improved revenue and gross margin, and reduced operating expenses. Importantly, expense reduction and gross margin improvement were realized in each of our three business units, generating near break-even results for the quarter."
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Tags: business ceo communications revenue telecommunications
Companies: MRV Communications, Inc (MRVC)
CHATSWORTH, Calif., Nov 02, 2009 (BUSINESS WIRE) --
MRV COMMUNICATIONS, INC., today announced that its Chief Technology Officer (CTO), Optical Networks, Brandon Pemberton, will participate in a roundtable discussion at Light Reading's Ethernet Expo 2009. MRV is a leading networking company with a full line of packet-optical transport (P-OTS), carrier Ethernet, 40G networking and out-of-band networking products.
On day two of the expo (Nov. 4), Pemberton will speak as part of the roundtable discussion "Converged Packet-Optical Solutions for High-Capacity, Smart Bandwidth Services." Moderated by Sterling Perrin of Heavy Reading, this roundtable will explore how operators can leverage next-generation optical and Ethernet network solutions to deliver high-capacity retail and wholesale services in a profitable way. Additionally, the panel will discuss trends related to packet-optical integration including layer 2/3 and ROADM integration, optical interfaces on carrier Ethernet switch/router (CESR) and Ethernet service edge (ESE) platforms, the role of OTN (ITU-T G.709) in carrier Ethernet networks and a unified control plane for packet and optical networks.
Light Reading's Ethernet Expo 2009 will be held Nov. 3-4 at The Hilton New York in New York City. Now in its ninth year, this year's event will bring together experts from the service provider, supplier and analyst communities to explore the hottest trends in Ethernet technology. The conference will feature informative presentations, keynotes and panel discussions about all aspects of the growing and evolving Ethernet market. MRV will be exhibiting in booth #120.
"Carrier Ethernet is one of the fastest moving segments in the telecommunications industry today and MRV is paving the way for service providers with its innovative optical networking solutions," said Noam Lotan, chief executive officer of MRV Communications. "Brandon is an expert in optical technologies and his deep understanding of this market allow him to bring a valuable perspective to this panel discussion."
As CTO, Optical Networks, Pemberton is responsible for shaping MRV's product portfolio and go-to-market strategy to ensure MRV Communications continues to lead the market in innovation of optical transport and Carrier Ethernet solutions. Joining the company in 2005 as a Systems Engineer, he is an expert in the telecommunications industry, with experience in WDM, Sonet, fiber optics, transport, and Ethernet. He has held other positions within the company, including Senior Director of Market Development, Regional Director of Sales, and Director of Business Development. Prior to joining MRV, Brandon served in several senior engineering positions at AboveNet, TelCove, and MCI/Worldcom. He also served in the U.S. Marine Corps in the communications and intelligence sector.
About MRV Communications, Inc.
MRV Communications, Inc. is a leading provider of packet switching, packet optical (P-OTS), physical layer and out-of-band networking equipment, services and optical components for high-speed carrier and enterprise networks and specialized aerospace, defense and other communications networks. Through its wholly owned SourcePhotonics, Inc. subsidiary, the company provides optical communications components for access and fiber-to-the-premises applications. MRV markets and sells its products worldwide, with operations in Europe that provide network system design, integration and distribution. For more information please call (978) 431-5011 or visit our websites at www.mrv.com and www.sourcephotonics.com.
SOURCE: MRV Communications, Inc.
MRV Communications, Inc. David Rodewald, 805-494-9508 pr@mrv.com
Tags: aerospace bandwidth business carrier ceo communications defense Ethernet europe marine market networking new_york optical optics products retail sales sterling technology wholesale
Companies: MRV Communications, Inc (MRVC)
Nov 03, 2009 (Wall Street Horizon via COMTEX) --
MRV Communications (MRVC.PK)
Expected next earnings release: Announcement date: 11/9/2009 - After Market Earnings Quarter: Q1 Announcement Status: Verified
Expected next investor conference call information: Conference Call Date: 11/9/2009 Conference Call Time (ET): 5:00 PM Conference Call URL: http://ir.mrv.com
Tags: communications conference corporate earnings market
Companies: MRV Communications, Inc (MRVC)
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BradReese.Com Home Page Cisco Sales Executive Openings Home About Us Refurbished SMARTnet Repair Engineers Jobs Site Map Contact Us Refurbished Cisco Guide Search All Cisco.Com Tech Support & Docs Cisco Search Tips MRV Communications Inventory Availability BradReese.Com Sells MRV Communications
Founded in 1988, MRV Communications, Inc. is a world-class provider of network infrastructure equipment and services for networks that scale in size, speed, distance and complexity.
The Maxserver series of standalone terminal servers from MRV Communications provides comprehensive serial-based connectivity for a wide range of applications.
1. From Route 495, take exit 29B, Route 2 West, off Route 495. 2. Take the next exit, Taylor St., Exit 39, off Route 2. 3. Take a right at the end of the ramp. 4. After crossing over Route 495, take your first left onto Foster St. 5. MRV Communications is the second building (#295) on left.
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