NEW YORK, March 11, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding
Ciena Corporation (NYSE: CIEN), Motorola Solutions, Inc. (NYSE:
MSI), Sierra Wireless, Inc. (NASDAQ: SWIR), Alcatel-Lucent SA
(NYSE: ALU), and InfoSonics Corporation (NASDAQ: IFON). Private
wealth members receive these notes ahead of publication. To reserve
complementary membership, limited openings are available at:
http://www.AnalystsReview.com/register
Ciena Corporation Analyst Notes
On March 6, 2014, Ciena
Corporation (Ciena) reported financial results for Q1 FY 2014
(period ended January 31, 2014).
During the quarter, the Company reported revenues of $533.7 million, up 17.8% YoY. Q1 FY 2014 net loss
came in at $15.9 million, or
$0.15 per diluted common share,
compared to a net loss of $47.3
million, or $0.47 per diluted
common share in Q1 FY 2013. "Solid execution in our fiscal first
quarter, including 18% year-on-year revenue growth and 6% adjusted
operating margin, demonstrates our continued momentum, reinforces
our market leadership, and positions us well for the long-term
opportunity ahead," said Gary B.
Smith, President and CEO of Ciena. "We continue to benefit
from the strategic decisions we've made to expand our role and
reach in the market, driving more consistent performance and
progress toward achieving our long-term operating targets." The
full analyst notes on Ciena Corporation are available to download
free of charge at:
http://www.AnalystsReview.com/03112014/CIEN/report.pdf
Motorola Solutions, Inc. Analyst
Notes
On March 6, 2014, Motorola
Solutions, Inc. (Motorola) announced that the Los Angeles Regional
Interoperable Communication System Authority (LA-RICS) has selected
the Company to develop a wireless Public Safety Broadband Network
(PSBN) based on 4G LTE to provide mission-critical data
communications for the region's over 34,000 law enforcement, fire
service, and health service professionals, as well as over 80
public safety agencies. Motorola informed that LA-RICS has awarded
a $175.0 million contract (if all
options are exercised) to the Company for a five-phase project to
design, construct, implement and maintain the LTE network. "Public
safety agencies throughout the Los
Angeles region will benefit tremendously from a new LTE
broadband network delivering mission-critical data every day. The
region places a high priority on its first responders and this
broadband public safety network will help them communicate more
effectively with advanced video and data capabilities," said
Mark Moon, Executive Vice President
of Sales & Product Operations at Motorola Solutions. The full
analyst notes on Motorola Solutions, Inc. are available to download
free of charge at:
http://www.AnalystsReview.com/03112014/MSI/report.pdf
Sierra Wireless, Inc. Analyst
Notes
On March 4, 2014, Sierra Wireless,
Inc. (Sierra Wireless) announced that it has completed the
acquisition of In Motion Technology (In Motion) for $21.0 million in cash consideration. According to
Sierra Wireless, the two companies together will provide the
broadest choice of device-to-cloud solutions for enterprise
customers. Further, Sierra Wireless also believes that the combined
companies will hold a strong leadership position and unique
capabilities in important growth segments. The full analyst notes
on Sierra Wireless, Inc. are available to download free of charge
at:
http://www.AnalystsReview.com/03112014/SWIR/report.pdf
Alcatel-Lucent SA Analyst Notes
On March 5, 2014, Alcatel-Lucent
SA (Alcatel-Lucent) announced that Telenor has selected the
Company's Motive Network Analyzer as part of a recently announced
plan to modernize its access network in Norway. Alcatel-Lucent informed that its
Motive Network Analyzer will be used by Telenor to continuously
monitor broadband connections, provide efficient troubleshooting
capabilities when issues arise, and optimize every one of the
connections provided to Telenor's 500,000 broadband subscribers.
"By deploying the Motive Network Analyzer, Telenor will be able to
provide faster, more reliable connections for broadband
subscribers. As a world-wide leader in broadband, and a long-term
partner of Telenor Norway, we are excited to build further on our
joint success," said Luis Martinez
Amago, President EMEA of Alcatel-Lucent. The full analyst
notes on Alcatel-Lucent SA are available to download free of charge
at:
http://www.AnalystsReview.com/03112014/ALU/report.pdf
InfoSonics Corporation Analyst
Notes
On March 6, 2014, InfoSonics
Corporation (InfoSonics) reported its Q4 2013 and full-year 2013
financial results. During the quarter, the Company reported net
sales of $11.9 million, up 40.4% YoY,
while full-year 2013 net sales came in at $37.9 million, up 10.5% YoY. Q4 2013 net income
stood at c.$0.1 million, or
$0.01 per diluted share, compared to
a net loss of $1.2 million, or
$0.08 loss per diluted share, in Q4
2012. Full year 2013 net loss narrowed to $0.6 million, or $0.04 loss per diluted share, from a net loss of
$2.5 million, or $0.18 loss per diluted share, in full year 2012.
"Sales in the fourth quarter grew 40% over the same quarter last
year, gross profit grew 48% and operating expenses declined by 26%.
It was a record quarter for verykool products in terms of
both sales dollars and units shipped. Unit shipments during
the quarter rose 96% compared to the prior year and resulted in
another record year with over 1.9 million units shipped during
2013. We are beginning to see a higher overall demand for
smartphones, and are adjusting our portfolio of products
accordingly. In 2014, we also plan to increase our sales
efforts in the United States,"
said Joseph Ram, President and CEO
of InfoSonics. The full analyst notes on InfoSonics Corporation are
available to download free of charge at:
http://www.AnalystsReview.com/03112014/IFON/report.pdf
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