About MRV Communications (NASDAQ:MRVC)
MRV Communications, Inc. (MRV) is a supplier of communications solutions to telecommunications service providers, enterprises and governments throughout the world. The Company's products enable customers to provide high-bandwidth data, and video services and mobile communications services. The Company operates through Network Equipment segment. Its Network Equipment segment designs, manufactures, sells and services equipment used by commercial customers, governments and telecommunications service providers. Its products include switches, optical transport platforms, physical layer products and out-of-band management products, and specialized networking products. MRV markets and sells its products, through a range of channels, which include a direct sales force, manufacturers' representatives, value-added-resellers, distributors and systems integrators. The Network Equipment business includes two business units: Optical Communications Systems division and Appointech, Inc.
Industry, Sector and Symbol:
- Industry: Broadcasting Equipment
- Sub-Industry: N/A
- Sector: Technology
- Symbol: NASDAQ:MRVC
- CUSIP: N/A
- Web: www.mrv-corporate.com
- Current Ratio: 1.83%
- Quick Ratio: 1.53%
- Trailing EPS: ($1.30)
- Net Margins: -10.63%
- Return on Equity: -30.83%
- Return on Assets: -13.90%
- Employees: 235
- Outstanding Shares: 6,810,000
Frequently Asked Questions for MRV Communications (NASDAQ:MRVC)
What is MRV Communications' stock symbol?
MRV Communications trades on the NASDAQ under the ticker symbol "MRVC."
How were MRV Communications' earnings last quarter?
MRV Communications, Inc. (NASDAQ:MRVC) posted its quarterly earnings data on Wednesday, August, 2nd. The technology company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.01 by $0.08. The technology company earned $19.73 million during the quarter, compared to the consensus estimate of $22 million. MRV Communications had a negative return on equity of 30.83% and a negative net margin of 10.63%. View MRV Communications' Earnings History.
Where is MRV Communications' stock going? Where will MRV Communications' stock price be in 2017?
1 analysts have issued 1 year target prices for MRV Communications' shares. Their predictions range from $14.00 to $14.00. On average, they expect MRV Communications' share price to reach $14.00 in the next twelve months. View Analyst Ratings for MRV Communications.
Who are some of MRV Communications' key competitors?
Some companies that are related to MRV Communications include Amino Technologies Plc (AMO), Geeknet (GKNT), Ceragon Networks (CRNT), Gresham Technologies PLC (GHT), magicJack VocalTec Ltd (CALL), QuickLogic Corporation (QUIK), StatPro Group PLC (SOG), eve Sleep plc (EVE), Digital Turbine (APPS), Incadea PLC (INCA), Rhythmone PLC (RTHM), Cohort PLC (CHRT), Audience (ADNC), CyberOptics Corporation (CYBE), Chyronhego Corp (CHYR), API Technologies Corp (ATNY), MAM Software Group (MAMS) and Everspin Tech (MRAM).
Who are MRV Communications' key executives?
MRV Communications' management team includes the folowing people:
- Kenneth H. Traub, Independent Chairman of the Board
- Mark J. Bonney, President, Chief Executive Officer, Director
- Robert M. Pons, Vice Chairman of the Board
- Stephen Krulik CPA, Chief Financial Officer
- Adam Scheer, Senior Vice President - Product Line Management and Corporate Development
- Brian J. Bellinger, Director
- , Bio & Compensation -
- Jeffrey M. Tuder, Director
- Jeannie H. Diefenderfer, Independent Director
- Matthew Stecker J.D., Independent Director
How do I buy MRV Communications stock?
Shares of MRV Communications can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is MRV Communications' stock price today?
One share of MRV Communications stock can currently be purchased for approximately $9.98.
How big of a company is MRV Communications?
MRV Communications has a market capitalization of $67.95 million. MRV Communications employs 235 workers across the globe.
How can I contact MRV Communications?
MRV Communications' mailing address is 20520 Nordhoff St, CHATSWORTH, CA 91311-6113, United States. The technology company can be reached via phone at +1-818-7730900.
MarketBeat Community Rating for MRV Communications (NASDAQ MRVC)MarketBeat's community ratings are surveys of what our community members think about MRV Communications and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for MRV Communications (NASDAQ:MRVC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$14.00 (40.28% upside)|
Consensus Price Target History for MRV Communications (NASDAQ:MRVC)
Analysts' Ratings History for MRV Communications (NASDAQ:MRVC)
(Data available from 11/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/4/2017||Northland Securities||Set Price Target||Buy||$14.00||High|
Earnings History and Estimates Chart for MRV Communications (NASDAQ:MRVC)
Earnings History by Quarter for MRV Communications (NASDAQ MRVC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.01||($0.07)||$22.00 million||$19.73 million||View||N/A|
|5/3/2017||Q1 2017||($0.09)||($0.14)||$22.00 million||$21.18 million||View||Listen|
|8/10/2015||Q215||$0.03||$43.10 million||$42.70 million||View||Listen|
|3/10/2015||Q414||($0.63)||$50.70 million||$43.40 million||View||N/A|
|5/8/2014||Q1||($0.58)||$38.91 million||$42.30 million||View||Listen|
Earnings Estimates for MRV Communications (NASDAQ:MRVC)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for MRV Communications (NASDAQ:MRVC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for MRV Communications (NASDAQ MRVC)
Insider Ownership Percentage: 5.46%
Institutional Ownership Percentage: 40.88%
Insider Trades by Quarter for MRV Communications (NASDAQ MRVC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/24/2015||William C Martin||Major Shareholder||Buy||601,200||$11.00||$6,613,200.00|| |
|6/23/2015||Lloyd I Miller III||Insider||Sell||25,000||$11.00||$275,000.00|| |
|1/15/2015||Lloyd I Miller III||Insider||Sell||47,400||$11.00||$521,400.00|| |
|12/31/2013||Lloyd I Miller III||Major Shareholder||Buy||17,485||$10.74||$187,788.90|| |
|12/12/2013||Kenneth H Traub||Director||Buy||5,000||$10.99||$54,950.00|| |
|12/10/2013||David Stehlin||CEO||Buy||1,000||$11.44||$11,440.00|| |
|5/23/2013||David Stehlin||CEO||Buy||1,000||$8.49||$8,490.00|| |
|5/15/2013||Glenn H Tongue||Director||Sell||28,045||$9.00||$252,405.00|| |
|8/16/2012||William C Martin||Major Shareholder||Buy||1,296,100||$0.50||$648,050.00|| |
Latest Headlines for MRV Communications (NASDAQ MRVC)
|ADVA Optical Networking Completes Tender Offer for Acquisition of MRV Communications, Inc.|
feeds.benzinga.com - August 14 at 7:31 AM
|MRV Communications, Inc. (MRVC) Announces Quarterly Earnings Results|
www.americanbankingnews.com - August 3 at 2:52 PM
|Financial Analysis: Iteris (ITI) vs. MRV Communications (NASDAQ:MRVC)|
www.americanbankingnews.com - July 20 at 6:27 PM
|SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of MRV Communications, Inc. - MRVC|
finance.yahoo.com - July 13 at 6:57 AM
|Northland Securities Reiterates "$14.00" Price Target for MRV Communications, Inc. (NASDAQ:MRVC)|
www.americanbankingnews.com - July 9 at 5:28 PM
|SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of MRV Communications, Inc. to ADVA Optical Networking is Fair to ...|
www.businesswire.com - July 9 at 12:06 PM
|SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of MRV Communications, Inc. to ADVA Optical Networking is Fair to Shareholders|
finance.yahoo.com - July 8 at 12:45 PM
|WEISSLAW LLP: MRV Communications, Inc. Acquisition May Not Be in the Best Interests of MRVC Shareholders|
finance.yahoo.com - July 7 at 7:32 AM
|MRV COMMUNICATIONS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout|
finance.yahoo.com - July 7 at 7:32 AM
|SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of MRV Communications, Inc. -MRVC|
finance.yahoo.com - July 7 at 7:32 AM
|Comparing Chyronhego Corp (CHYR) & MRV Communications (NASDAQ:MRVC)|
www.americanbankingnews.com - July 6 at 6:20 PM
|MRV Communications, Inc. (MRVC) Lowered to "Market Perform" at Northland Securities|
www.americanbankingnews.com - July 5 at 9:50 AM
|MRV Communications (MRVC) to be Acquired by ADVA Optical Networking for $10/Sh|
www.streetinsider.com - July 4 at 2:33 AM
|ADVA Optical Networking Enters Into Agreement to Acquire MRV Communications, Inc.|
feeds.benzinga.com - July 2 at 8:01 PM
|MRV Communications (MRVC) & Iteris (ITI) Financial Survey|
www.americanbankingnews.com - July 1 at 2:24 PM
|MRV Communications (MRVC) Presents At 18th Annual B. Riley & Co. Institutional Investor Conference - Slideshow|
seekingalpha.com - May 27 at 5:36 AM
|MRV Communications reports 1Q loss|
marketbeat.com - May 3 at 6:52 PM
|MRV COMMUNICATIONS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex|
biz.yahoo.com - March 9 at 6:27 PM
|Q4 2016 MRV Communications Inc Earnings Release - After Market Close|
biz.yahoo.com - March 9 at 8:36 AM
|MRV Communications and Sandvine to Demonstrate NFV-based Next Generation Application-Aware Networking at MEF16|
www.businesswire.com - November 3 at 6:20 PM
|Q3 2016 MRV Communications Inc Earnings Release - After Market Close|
biz.yahoo.com - November 3 at 10:08 AM
|MRV Communications' LX Series Out-of-Band Networking Solution Achieves FIPS 140-2 Certification|
www.thestreet.com - August 26 at 9:19 AM
|Q2 2016 MRV Communications Inc Earnings Release - After Market Close|
biz.yahoo.com - August 4 at 9:27 AM
MRV Communications (NASDAQ MRVC) Chart for Tuesday, November, 21, 2017