Form 8-K Comverse, Inc. For: Sep 09
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Comverse (CNSI) Posts Q2 GAAP Loss of 75c/Share; Commences Expansion of Restructuring Plan
September 9, 2014 7:27 AM EDTComverse (NASDAQ: CNSI) reported Q2 EPS of ($0.75), $0.60 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $115.32 million versus the consensus estimate of $119.67 million.
Expanded 2014 Restructuring Initiatives
On September 9, 2014, we commenced an expansion of our previously disclosed 2014 restructuring plan. We expect that as a result of the... More
