MRV Reports Third-Quarter Results
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MRV Communications (MRVC) Misses Q3 EPS by 19c
November 4, 2016 7:15 AM EDTMRV Communications (NASDAQ: MRVC) reported Q3 EPS of ($0.31), $0.19 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $18.9 million versus the consensus estimate of $23 million.
Other News:
MRV Communications and Sandvine announced their collaboration to demonstrate a NFV-based virtual customer premise equipment (vCPE) solution that enables next generation application awareness at the service providers access network. Compared to the traditional approach, NFV-based application awareness provides substantial benefits such as reduced time-to-market for new services, decreased operational expenditures and an improved customer quality of experience... More
