MRV Communications (MRVC) Misses Q1 EPS by 26c

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Go back to MRV Communications (MRVC) Misses Q1 EPS by 26c

MRV Reports First-Quarter Results

May 5, 2016 4:11 PM EDT

- Packet and Optical Products Revenue Increase 8% Sequentially and Positioned Well for Growth -

CHATSWORTH, Calif.--(BUSINESS WIRE)-- MRV Communications (NASDAQ: MRVC), a provider of innovative network solutions for service providers, data center operators and enterprises, reported financial results for the three-months ended March 31, 2016.

We entered 2016 as a better capitalized, more efficient and more focused company that is well-positioned for growth at high margins. While our legacy infrastructure management products have experienced a cyclical slowdown that impacted our results over the past few quarters, we... More