MRV Reports First-Quarter 2015 Results

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Go back to MRV Reports First-Quarter 2015 Results

MRV Communications (MRVC) Reports Q1 Loss of $0.07

May 7, 2015 4:49 PM EDT

MRV Communications (NASDAQ: MRVC) reported Q1 EPS of ($0.07), versus ($0.47) reported last year. Revenue for the quarter came in at $38.8 million, versus $42.3 million reported last year.

Mark Bonney, president and chief executive officer of MRV, stated, In the first quarter, we achieved significantly improved financial results, both sequentially and compared to the first quarter of 2014, with expanded gross margins and reduced operating expenses in each... More