Release of Quarterly Financial Results, Business Split-ups, and New Collaborations and Partnerships to Provide Enhanced Services - Research Report on Ciena, ViaSat, Arris, Ericsson, and Sonus Editor Note: For more information about this release, please scroll to bottom. PR Newswire NEW YORK, August 12, 2013 NEW YORK, August 12, 2013 /PRNewswire/ -- Today, Investors' Reports announced new research reports highlighting CIENA Corp. (NASDAQ: CIEN), ViaSat Inc. (NASDAQ: VSAT), Arris Group Inc. (NASDAQ: ARRS), LM Ericsson Telephone Co. (NASDAQ: ERIC), and Sonus Networks, Inc. (NASDAQ: SONS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. CIENA Corp. Research Report On August 7, 2013, Ciena Corp. (Ciena) announced its collaboration with Canarie, Internet 2 and StarLight to build the industry's first network that unifies all the key packet, optical and software building blocks required to demonstrate and prove the benefits of software-defined, multi-layer wide area networks (WANs). Steve Alexander, Senior Vice President and Chief Technology Officer at Ciena said, "By building the industry's first fully-featured, fully-open and fully-operational, end-to-end and multi-layer SDN-powered WAN, we can offer a real-world experience for customers and researchers to trial, refine and prove SDN concepts and technologies in both the network and the back office - without having to build a unique infrastructure for every use case." The Full Research Report on CIENA Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/CIEN] -- ViaSat Inc. Research Report On August 6, 2013, ViaSat Inc. (ViaSat) reported its Q1 FY 2014 financial results (period ended June 28, 2013). The Company posted a revenue growth of 32.8% YoY to $321.1 million. Adjusted EBITDA grew 78.0% YoY to a record of $52.7 million. Net loss for the quarter was $1.8 million, or $0.04 per diluted share, compared to a net loss of $14.4 million, or $0.33 per diluted share in Q1 FY 2013. "We're proud to have achieved our sixth consecutive quarter of record revenue," said Mark Dankberg, Chairman and Chief Executive Officer of ViaSat. "Broadband satellite services are leading the way, but growth was again strong throughout the company. In addition, with ViaSat-2 now on the horizon, we're cultivating even more opportunities to expand global markets for satellite broadband services and technology." The Full Research Report on ViaSat Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/VSAT] -- Arris Group Inc. Research Report On August 7, 2013, Arris Group, Inc. (Arris) reported its preliminary and unaudited Q2 2013 financial results. The Company posted revenues of $1.0 billion compared to $349.3 million in Q2 2012. GAAP net loss for the quarter was $50.3 million or $0.37 per diluted share, versus net income of $15.0 million or $0.13 per diluted share in Q2 2012. Adjusted net income was $0.46 per diluted share compared $0.25 per diluted share in Q2 2012. "Our second quarter results were in line with our previously announced revenue guidance and above our Non GAAP EPS guidance, reflecting a strong start to our integration actions," said David Potts, ARRIS EVP & CFO. "With respect to the third quarter 2013, we now project that revenues for the Company will be in the range of $1.05 to $1.08 million, with adjusted net income per diluted share in the range of $0.32 to $0.37 and GAAP net loss per diluted share in the range of $(0.07) to $(0.12)." The Full Research Report on Arris Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/ARRS] -- LM Ericsson Telephone Co. Research Report On August 5, 2013, LM Ericsson Telephone Co. (Ericsson) and STMicroelectronics (ST) announced the closing of the transaction for the split up of ST-Ericsson. The Company reported that effective August 2, 2013, Ericsson has taken the design, development and sales of LTE multimode thin modem solutions, and ST has taken on the existing ST-Ericsson products, other than LTE multimode thin modems, and the GNSS (Global Navigation Satellite System) connectivity solution, and related business as well as certain assembly and test facilities. Douglas Gilstrap, Senior Vice President and Chief Strategist at Ericsson said: "We welcome the team of about 1,800 modem-experts that join Ericsson. Ericsson continues to see great value in the LTE multimode thin modems as they are an important part of our vision of 50 billion connected devices in a Networked Society. The market potential is there and Ericsson will now focus on bringing the best modems to market, and work closely with customers to integrate them into their products." The Full Research Report on LM Ericsson Telephone Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/ERIC] -- Sonus Networks, Inc. Research Report On July 25, 2013, Sonus Networks Inc. (Sonus) announced a partnership with F5 Networks (F5) to deliver integrated solutions designed to simplify the way service providers deliver differentiated mobile UC and multi-media experiences across blended network environments. Todd A. Abbott, Executive Vice President, Strategy & Go to Market at Sonus said, "As a result of Sonus' close collaboration with F5, the integration of our products will empower operators of 4G/LTE networks to scale their delivery of enhanced services required by always-connected users and to track service usage, independent of end user location or the network to which they are connected." The Full Research Report on Sonus Networks, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/SONS] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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Release of Quarterly Financial Results, Business Split-ups, and New Collaborations and Partnerships to Provide Enhanced Services
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