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Stock Market & Financial Investment News

News Breaks
February 27, 2014
07:54 EDTMVNR, DTEGYMavenir Systems selected by T-Mobile Netherlands for SBC
Mavenir Systems (MVNR) announced that its Session Border Controller was selected by T-Mobile Netherlands (DTEGY) for IP Voice Interconnect.
News For MVNR;DTEGY From The Last 14 Days
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January 21, 2015
08:20 EDTDTEGYBT, Deutsche Telekom said to be in talks on partnerships, Reuters reports
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January 20, 2015
06:24 EDTDTEGYT-Mobile warns of unsustainable costs against cellphone giants, Re/code says
T-Mobile (TMUS) owner Deutsche Telekom (DTEGY) claims Verizon (VZ) and AT&T's (T) wealth makes true competition difficult, reports Re/code, citing statements made at Germany's DLD conference. Deutsche Telekom CEO Tim Hoettges stated the dominance of AT&T and Verizon allowed them to make huge bids at the latest midband spectrum auction to further their market lead. Hoettges also stated he was "intrigued" by last year's unsuccessful merger talks with Sprint (S), and warned that T-Mobile's $4B-$5B investment requirements per year are unsustainable. Reference Link
January 18, 2015
17:19 EDTDTEGYDeutsche Telekom plans to raise spending on German operations, Bloomberg says
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January 13, 2015
07:46 EDTMVNRMavenir Systems to host conference call
Conference call to discuss acquisition of Ulticom, Inc will be held on January 13 at 8:30 am.
07:11 EDTMVNRMavenir Systems sees FY15 revenue $185M-$195M, consensus $159.3M
Sees FY15 basic EPS 28c-36c. Sees FY15 non-GAAP gross margin 62%-65%, non-GAAP operating income $13M-$16M.
07:10 EDTMVNRMavenir Systems to acquire Ulticom from Platinum Equity, terms not disclosed
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07:10 EDTMVNRMavenir Systems sees FY14 revenue $129M-$131M, meeting guidance
Consensus is $130.18M. The company expects to incur a non-GAAP operating loss of between ($7M)-($4.3M), below prior guidance of ($2.7M)-($1M). Non-GAAP gross margin is expected to be between 55.5%-57.0%, below guidance of 57.0%-58.0%.
07:09 EDTMVNRMavenir Systems sees Q4 revenue $33.5M-$35M, meeting prior guidance
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07:04 EDTMVNRMavenir Systems to acquire Ulticom, terms not disclosed
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