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Mavenir Systems Inc gives Q1 2014 revenue outlook; earnings outlook below analyst' estimates; gives FY 2014 operating profit outlook; revenue outlook above analysts' estimates


Thursday, 20 Feb 2014 04:05pm EST 

Mavenir Systems Inc:Expects Q1 2014 revenue to range from $26.0 million to $27.5 million.Expects Q1 2014 Non-GAAP operating loss to range from $(5.0) million to $(3.5) million.Expects Q1 2014 Non-GAAP net loss to range from $(8.0) million to $(6.5) million.Expects Q1 2014 Non-GAAP net loss per share ranging from $(0.34) to $(0.28).Expects FY 2014 revenue to range from $123 million to $125 million.Expects FY 2014 Non-GAAP operating profit to be at a break-even level.The company reported EBIT of $(3.54) mln in FY 2013.Q1 2014 revenue of $26.0 mln, EBIT of $(2.13) mln, net income of $(3.69) mln, EPS of $(0.15) - Thomson Reuters I/B/E/S.FY 2014 revenue of $120 mln, EBIT of $(0.16) mln - Thomson Reuters I/B/E/S. 

Company Quote

12.65
0.29 +2.35%
3:39pm EST