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Mavenir Systems revenues rise 31% in Q3

Wednesday 29 October 2014 | 09:36 CET | News
Software-based networking equipment provider Mavenir Systems reported third-quarter revenue of USD 34.1 million, up 31 percent year-over-year. Its operating loss expanded to USD 3.8 million from USD 3.4 million a year ago, while the non-GAAP operating loss declined to USD 1.1 million from USD 1.5 million. The net loss expanded to USD 5.8 million from USD 4.5 million. The gross profit margin grew to 53 percent from 48 percent.

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Categories: Fixed
Companies: Mavenir Systems
Countries: World
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