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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