xG Technology Announces Product Testing Agreement with Autonomous University of Nuevo Leon, Mexico

April 11, 2014 - xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a developer of wireless communications and spectrum sharing technologies, has announced that it has entered into a funded product testing agreement with Autonomous University of Nuevo Leon ("The University") in Monterey, Mexico. The University is being commissioned by a major Mexican corporation to evaluate the Company's xMax network system for a set of potential use cases identified by the corporation. It is anticipated that the evaluation will be completed within 180 days.

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Envivio Powers Premium Live Video Service Delivered to Apple TV

Envivio (ENVI), a leading provider of software-based video processing and delivery solutions, today announced that it is powering premium live HD sports channels on Apple TV for a European Tier 1 service provider.

The premium channels are compressed using Envivio Muse(TM) Live encoders, protected using a new encryption mode by Envivio Halo(TM) network media processors (NMP) and delivered to Apple TV. Envivio showcased the live service at the recent TV Connect exhibition in London.

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Infinera Corporation Reports Fourth Quarter and Fiscal Year 2013 Financial Results

Infinera Corporation ( NASDAQ : INFN ), provider of Intelligent Transport Networks", today released financial results for the fourth quarter and fiscal year ended December 28, 2013.

GAAP revenues for the quarter were $139.1 million compared to $142.0 million in the third quarter of 2013 and $128.1 million in the fourth quarter of 2012. 

GAAP gross margins for the quarter were 40% compared to 48% in the third quarter of 2013 and 34% in the fourth quarter of 2012. GAAP net loss for the quarter was $(10.2) million, or $(0.08) per share, compared to net income of $3.3 million, or $0.03 per diluted share, in the third quarter of 2013 and a net loss of $(16.1) million, or $(0.14) per share, in the fourth quarter of 2012.

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Juniper Networks Reports Preliminary Fourth Quarter and Fiscal Year 2013 Financial Results

Juniper Networks ( NYSE : JNPR )

Q4 2013:

  • Revenue: $1,274 million, up 7% from Q3'13 and up 12% from Q4'12
  • Operating Margin: 15.3% GAAP; 21.9% non-GAAP, up 2.1 pts from Q3'13
  • GAAP Net Income Per Share: $0.30 diluted, includes a $0.04 pre-tax impact from restructuring charges
  • Non-GAAP Net Income Per Share: $0.43 diluted, includes a $0.04 sequential benefit from a lower tax rate, up from $0.33 diluted in Q3'13, and up from $0.28 diluted in Q4'12
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Blowout Quarter & Best-Ever Year Take Silicom to Whole New Level: $25M Sales & $0.94 EPS for Q4, $73M Sales & $2.45 EPS for 2013

Silicom Ltd ( SILC ), an industry-leading provider of high-performance networking and data infrastructure solutions, today reported all-time-record financial results for the fourth quarter and full year ended December 31, 2013.

Financial Results

Q4 2013:
Revenues for the fourth quarter increased by 52% to a record $25.4 million from $16.7 million in the fourth quarter of 2012.

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