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Last $8.40 USD
Change Today 0.00 / 0.00%
Volume 0.0
MRVC On Other Exchanges
As of 8:10 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

mrv communications inc (MRVC) Snapshot

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Day High
Day Low
52 Week High
06/18/14 - $15.31
52 Week Low
03/27/15 - $6.38
Market Cap
Average Volume 10 Days
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mrv communications inc (MRVC) Details

MRV Communications, Inc. provides communications solutions to telecommunications service providers, enterprises, and governments worldwide. It operates in two segments, Network Equipment and Network Integration. The Network Equipment segment offers packet and optical solutions that enable access, aggregation, transport, and management of various communications traffic for fixed line, cable, content delivery, cloud-based, and mobile communications networks leveraging direct and channel sales through third party channel partners. This segment also develops optical edge solutions that combine packet and optical technologies, and network management software; infrastructure management solutions; and fiber optic modules for the fiber-optic communication industry. The Network Integration segment offers end-to-end solutions, including consulting, installation, and support and managed services for fixed line, cable, and mobile communications networks; and supplies a range of communications equipment, as well as provides telecommunications solutions consisting of network infrastructure, unified communications, mobility and wireless, network security, cloud computing services, managed call center services, network integration, and optimization serving the Italian market. MRV Communications, Inc. markets and sells its products through direct sales force, manufacturers' representatives, value-added-resellers, distributors, and systems integrators. The company was formerly known as MRV Technologies, Inc. and changed its name to MRV Communications, Inc. in April 1992. MRV Communications, Inc. was founded in 1988 and is headquartered in Chatsworth, California.

445 Employees
Last Reported Date: 03/16/15
Founded in 1988

mrv communications inc (MRVC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $131.2K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $124.2K
Compensation as of Fiscal Year 2014.

mrv communications inc (MRVC) Key Developments

MRV Communications, Inc. Introduces New Optical Programmability and Flexible Bandwidth Capacity Capabilities on the OptiDriver Platform

MRV Communications, Inc. announced it has enhanced its OptiDriver™ optical transport product line with dynamic wavelength routing for intelligent optical network control capabilities. MRV has strengthenedits OptiDriver platform to enable service providers to create a more seamless transition to automated, flexible networks to intelligently support unpredictable traffic and bandwidth needs. Industry experts agree that optical transport networks are transitioning from static to dynamic architectures to enable more efficient traffic engineering for non-deterministic mobile, video and cloud service traffic patterns. Dynamic wavelength routing allows individual wavelengths to move flexibly across the network via software, making it simpler for operators to add new services or address changing service demands. Built on Reconfigurable Optical Add-Drop Multiplexer (ROADM) hardware, this approach is especially useful in ring and mesh networks where demands are large and unpredictable due to redundant paths to multiple locations or multiple links between locations. The enrichedOptiDriver solution is fully integrated into MRV’s advanced Pro-Vision® service provisioning and management softwarethat enables remote point-and-click service turn up and circuit reconfiguration. In combination with the highly programmable ROADM and open LINUX operating software, the OptiDriver solution contains the comprehensive building blocks for optical SDN. This approach reduces time-to-revenue and saves operational expenses to significantly increase service velocity and deliver an improved ROI.

MRV Communications, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

MRV Communications, Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, revenue was $43,444,000 against $50,736,000 a year ago. Operating loss was $2,351,000 against operating income of $128,000 a year ago. Loss from continuing operations before taxes was $1,987,000 against $174,000 a year ago. Net loss was $4,631,000 or $0.63 per basic and diluted share against $1,249,000 or $0.17 per basic and diluted share a year ago. For the year, revenue was $172,056,000 against $166,201,000 a year ago. Operating loss was $7,750,000 against $4,381,000 a year ago. Loss from continuing operations before taxes was $7,852,000 against $5,314,000 a year ago. Net loss was $12,155,000 or $1.66 per basic and diluted share against $6,822,000 or $0.91 per basic and diluted share a year ago.

MRV Communications, Inc., Q4 2014 Earnings Call, Mar 10, 2015

MRV Communications, Inc., Q4 2014 Earnings Call, Mar 10, 2015


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