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"We are a leading provider of integrated communications solutions focused on the SME market. We also have a strong and growing presence in the large enterprise market with a portfolio of products that supports up to 65,000 users. Our IP-based communications solutions consist of a combination of... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Thursday, February 28, 4:51 PM Mitel Networks (MITL): Q4 EPS of $0.23 beats by $0.01. Revenue of $142M misses by $1.03M. (PR) Comment! [Earnings, Breaking News, Tech]
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Monday, December 24, 2012, 11:15 AM
Midday top 10 gainers: ATV +34%. CT +18%. ALIM +12%. CLSN +12%. EJ +11%. EDAP +11%. GSS +11%. RGLS +10%. AVEO +10%. EGLE +10%.
Top 10 Losers: MHH -30%. TLAB -27%. ALXA -14%. XRTX -12%. AMPL -11%. CIG -10%. SVA -9%. ISS -9%. MITL -8%. RPTP -8%. 1 Comment [On the Move] - Friday, November 30, 2012, 2:19 PM Mitel (MITL +32.4%) is recouping a big chunk of the losses it saw following its Aug. 8 warning after beating FQ2 estimates and guiding for FQ3 revenue of $141M-$146M, in-line with a $142.1M consensus. The maker of unified communications gear, which has had trouble competing against bigger vendors such as Cisco, reported a 100% Y/Y increase in the size of cloud product customer base. (PR) Comment! [Tech, Earnings, On the Move]
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Friday, November 30, 2012, 1:04 PM
Midday top 10 gainers: MARK +38%. MITL +30%. MHH +25%. CBK +24%. PPHM +24%. AMPL +24%. TELK +19%. PLNR +17%. TLAB +15%. FIVE +15%.
Top 10 Losers: RIC -24%. NTLS -23%. FFKY -19%. SUPN -18%. SBLK -14%. VRSN -14%. PSUN -14%. MMYT -13%. HGSH -13%. PWX -11%. Comment! [On the Move] - Thursday, November 29, 2012, 4:18 PM Mitel (MITL): FQ2 EPS of $0.25 beats by $0.10. Revenue of $145.5M (-5.8% Y/Y) beats by $3M. Shares +1.6% AH. (PR) Comment! [Earnings, Tech, On the Move]
- Wednesday, August 8, 2012, 5:59 PM Mitel Networks (MITL) warns it expects to report FQ1 (ended July 31) revenue of $138M-$139M, below a $153.5M consensus. The provider of unified communications gear blames an inability to ship booked orders, implementation delays for projects, and macro weakness. Mitel, which reports on Aug. 30, will carry out a restructuring plan in response. Comment! [Tech, Earnings]
- Thursday, July 12, 2012, 9:44 AM VirnetX (VHX +6.9%) pops after settling its patent infringement dispute with Mitel (MITL). The settlement will result in VirnetX receiving a one-time licensing fee and future royalties on sales of Mitel's enterprise IP communications hardware. The agreement follows a similar licensing deal with Aastra in May, and comes as VirnetX remains locked in disputes with Apple, Cisco, and NEC. (PR) Comment! [Tech, On the Move]
- Wednesday, June 20, 2012, 3:57 PM Mitel Networks (MITL +7.6%) holds solidly in the green after its FQ4 easily beat estimates yesterday. Net income soared as the online-communications company saw higher deferred income-tax recoveries and better-than-expected sales buoy results. Comment! [Tech, Earnings, On the Move]
- Tuesday, June 19, 2012, 4:11 PM Mitel Networks (MITL): FQ4 EPS of $0.30 beats by $0.06. Revenue of $157.6M (+3.5% Y/Y) beats by $3M. (PR) Comment! [Earnings, Tech]
- Thursday, March 1, 2012, 4:41 PM Mitel Networks (MITL): FQ3 EPS of $0.21 in-line. Revenue of $165M (+0.9% Y/Y) misses by $2.5M. Shares +1.4% AH. (PR) Comment! [Earnings, Tech, On the Move]
- Friday, December 2, 2011, 11:13 AM Shares of Mitel Networks (MITL +27%) soar in a post-earnings relief rally and a flurry of short-covering - having lost 56% of its value over the past year - after its FQ2 easily beat estimates. Special charges and the acceleration of planned restructuring costs masked a 4.8% Y/Y increase in revenue growth, as its bottom line benefited from cost cutting and a jump in gross margins to 49.9%. Comment! [Tech, On the Move]
- Thursday, September 1, 2011, 6:15 PM Mitel Networks (MITL) FQ1 swings to a loss on restructuring costs, but beats overall estimates on a 14% jump in revenues from its DataNet segment. The company reiterates guidance at the high-end of analysts' forecasts. Shares +7.55 AH. Comment! [Tech, Earnings, On the Move]
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Dustin Moore
VirnetX $VHC rockets higher 41.05 (+8.68%) following a settlement from $MITL and a judge sanction and order for $AAPL to give source code - View all 0 replies
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Dustin Moore
VirnetX (VHC) inks licensing agreement with Mitel (MITL) ending patent litigation between them. APPL, CSCO still set for trial vs VHC. - View all 0 replies
"We are a leading provider of integrated communications solutions focused on the SME market. We also have a strong and growing presence in the large enterprise market with a portfolio of products that supports up to 65,000 users. Our IP-based communications solutions consist of a combination of IP telephony platforms, which we deliver as software, appliances and desktop devices, and a suite of UCC applications that integrate voice, video and data communications with business applications. We refer to these IP telephony platforms and UCC applications as integrated communications solutions, because they meet our customers’ specific communications needs. We believe that our solutions, which can include associated managed and network services, enable our customers to realize significant cost benefits and to conduct their business more effectively.
We have delivered innovative communications solutions to our customers for over 35 years. Over the past decade, we have made a significant investment in developing our IP-based communications solutions and transitioning our distribution channels to take advantage of the industry’s shift from legacy systems to IP-based solutions, including UCC applications. Our research and development has produced a global portfolio of over 1,200 patents and pending applications, and provides us with the expertise to anticipate market trends and meet the current and future needs of our customers. As part of our business strategy, we acquired Inter-Tel in August 2007, which significantly enhanced our ability to target SME customers with our IP solutions by expanding our U.S. distribution and managed service capabilities. Today, we have a direct and indirect distribution channel, which addresses the needs of customers in 90 countries through our 80 offices and more than 1,600 channel partners worldwide. We also differentiate our solutions and enhance our channels to market through strategic relationships with innovative technology partners.
Since the introduction of our IP-based systems in 1999, we have shipped more than 120,000 IP-based appliances to support the communications needs of over 6.6 million users. Our solutions are scalable, flexible and easy to deploy, manage and use. We have designed our appliances to allow access to our solutions from mobile devices. Our solutions interoperate with various systems supplied by other vendors, which allows our customers to preserve their existing communications investments and gives them the flexibility to choose the solutions that best meet their particular needs. We also offer our customers the flexibility of an end-to-end solution, in which our appliances and applications are integrated with our managed services (including a combination of leasing, design and field services) and network services (including voice and data connectivity, long distance and hosted applications)."
