Mitel Networks (MITL) Reports In-Line Q2 EPS, Q3 EPS Guidance Falls Short

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Mitel Reports June Quarter Results

August 6, 2015 6:30 AM EDT

Non-GAAP Revenues and Earnings Per Share meet consensus

Strong growth in Cloud and Mobile segments

As-reported non-GAAP revenues of $292.3 million As-reported non-GAAP earnings per share of $0.18 Mobile segment pro-forma non-GAAP revenues of $45.1 million, increased 35% year-over-year Recurring cloud revenues of $25.3 million grew 21% year-over-year Total cloud seats installed during the quarter were 235,000

OTTAWA, Aug. 6, 2015 (GLOBE NEWSWIRE) -- Mitel® (Nasdaq: MITL) (TSX: MNW) a global leader in real-time business, cloud and mobile communications today announced financial results for the second... More