Key Developments For Airvana, Inc.
Airvana, Inc. (AIRV.O) (Consolidated Issue listed on NASDAQ Global Market)
Airvana, Inc. Issues Q4, FY 2009 GAAP Revenue Guidance Below Analysts' Estimates
Airvana, Inc. announced that for fourth quarter of 2009, it expects GAAP revenue in the range of $38-$40 million. For fiscal 2009, it expect revenue in the range of $55-$57 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $73 million for fourth quarter of 2009; revenues of $139 million for fiscal 2009.
Airvana, Inc. And VeriSign, Inc. Team For Femtocell Network Authentication
Airvana, Inc. and VeriSign, Inc. announced that the two companies are working to deploy device certificates for Airvana's HubBub UMTS Femtocell. The certificates will be embedded into the HubBub UMTS femtocell, allowing operators to authenticate these devices before allowing access to core networks and services. The collaboration between the two companies will provide an authentication solution for operators deploying Airvana HubBub femtocells.
Airvana, Inc. Issues Q2 2009 Revenue Outlook Below Analysts' Estimates
Airvana, Inc. announced that for second quarter of 2009, it expects revenue in the range of $3-$5 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $70 million for the same period.
Airvana, Inc. Issues Q1 2009 Revenue Outlook In Line With Analysts' Estimates
Airvana, Inc. announced that for the first quarter of 2009, it expects revenues in the range of $7 million to $8 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $8 million for the same period.
Airvana, Inc.'s Femtocell Technology Selected By Pirelli Broadband Solutions
Airvana, Inc. and Pirelli Broadband Solutions, the broadband access company within the Pirelli Group announced that Airvana's HubBub UMTS femtocell has been selected to deliver 3G connectivity as part of Pirelli's portfolio for fixed-mobile convergence.
