MRV Communications (MRVC) Tops Q4 EPS by 10c

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Go back to MRV Communications (MRVC) Tops Q4 EPS by 10c

MRV Reports Fourth-Quarter and Full-Year 2016 Results

March 9, 2017 4:05 PM EST

CHATSWORTH, California, March 9, 2017 /PRNewswire/ -- MRV Communications (NASDAQ: MRVC), provider of innovative solutions to service providers and data center operators, reported financial results for the three- and twelve-months ended December 31, 2016.

"In the fourth quarter, we grew revenue 13% year-over year delivering revenue of $20.9 million, despite continued temporary softness in orders from two of our largest customers," stated Mark Bonney, President and CEO. "In the quarter, we accomplished several important product development milestones and completed the transition of all packet and... More