Key Developments For Veraz Networks, Inc.
Veraz Networks, Inc. (VRAZ.O) (Consolidated Issue listed on NASDAQ Global Market)
Veraz Networks, Inc. Comments On Q4 2009 Guidance
Veraz Networks, Inc. announced that it expects sequential revenue and net income growth for the fourth quarter of 2009. According to Reuters Estimates, analysts are expecting the Company to report revenue of 420.95 million and net income of $(1.48) million for fourth quarter 2009.
Jamii Telecommunications Limited Selects Veraz Networks, Inc.'s Softswitch Solution
Veraz Networks, Inc. announced that Jamii Telecommunication Limited (JTL), has chosen the Company's ControlSwitchTM platform to enable optimized routing and improved network management without having to rely on other providers in Africa.
Veraz Networks, Inc. Issues Q3 2009 Mixed Guidance
Veraz Networks, Inc. announced that for the third quarter of 2009, it expects revenue to be in the range of $20-$22 million and a net loss of $(2.0-1.0 million) or $(0.05-0.02) loss per share, and on a non GAAP basis, a net loss of $(1.0 million) to breakeven, or $(0.02) loss per share to $0.00 per share (EPS), after exclusion of approximately $1.1 million in non-GAAP expenses related to stock-based compensation. According to Reuters Estimates, analysts are expecting the Company to report EPS of $(0.04), net profit of $(1.88) million on revenues of $23 million for the same period.
Veraz Networks, Inc. Issues Q2 2009 Guidance; Revenue Guidance In Line With Analysts' Estimates
Veraz Networks, Inc. announced that for second quarter 2009 it expects revenue to be in the range of $22 million to $24 million, and a net loss of ($2 million to $1 million) or ($0.05 to $0.03) loss per share; and on a non-GAAP basis, a net loss of ($1 million) to breakeven or ($0.03) loss per share to breakeven per share (after excluding stock compensation). According to Reuters Estimates, analysts are expecting the Company to report revenue of $22 million for second quarter 2009.
IDEA Cellular Selects Veraz Networks, Inc.'s I-Gate 4000 EDGE Media Gateway For MSC Interconnection
Veraz Networks, Inc. announced that IDEA Cellular has deployed a range of the Company's I-Gate 4000 EDGE systems in its network. IDEA Cellular is using the I-Gate 4000 EDGE media gateway to provide cost optimized, high quality transmission links between selected nodes.
