MRV Reports Second-Quarter Results

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MRV Communications (MRVC) Reports Q2 Loss of $0.19

August 4, 2016 5:47 PM EDT

MRV Communications (NASDAQ: MRVC) reported Q2 EPS of ($0.19), versus ($0.11) reported last year. Revenue for the quarter came in at $21.6 million, versus $24.5 million reported last year.

Second quarter 2016 packet and optical revenue grew 19% sequentially, demonstrating our strong progress executing our go-to-market strategy, stated MRV... More