ViaSat Announces Third Quarter Fiscal Year 2013 Results

Record Revenues Continue

ViaSat Inc. (VSAT), an innovator in satellite and other wireless networking systems and services, announced financial results for the third quarter of fiscal year 2013. The fiscal third quarter results included new contract awards of $265.7 million and another record revenues quarter of $286.4 million. Operating performance grew quarter over quarter reflecting Adjusted EBITDA of $48.4 million and net income attributable to ViaSat common stockholders of $0.04 per share on a non-GAAP diluted basis. On a diluted GAAP basis, ViaSat reported a net loss attributable to ViaSat common stockholders of $0.47 per share, which, as discussed below, reflects a one-time debt extinguishment expense of $26.5 million or $0.36 per share on a net of tax basis.

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Oracle to Buy Acme Packet

BEDFORD, MA -- (Marketwire) -- 02/04/13 -- Acme Packet® (NASDAQ: APKT) today announced that it has entered into an agreement to be acquired by Oracle (NASDAQ: ORCL) for $29.25 per share in cash representing a fully diluted equity value of $2.1 billion. Net of cash this represents an enterprise value of $1.7 billion.

The combination of Oracle and Acme Packet is expected to accelerate the migration to all-IP networks by enabling secure and reliable communications from any device, across any network. Users are increasingly connected and expect to communicate anytime and anywhere using their application, device, and network of choice. Oracle Communications along with Acme Packet can help service providers and enterprises meet these demanding requirements by delivering an end-to-end portfolio of technologies that will support the deployment, innovation and monetization of all-IP networks.

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JDSU Announces Fiscal 2013 Second Quarter Results

  • GAAP and Non-GAAP Revenue of $429.4 million
  • GAAP Gross margin of 44.0%; Non-GAAP Gross margin of 48.0%
  • GAAP EPS of $0.02; Non-GAAP EPS of $0.18

MILPITAS, CA -- January 30, 2013 -- JDSU ( NASDAQ : JDSU ) ( TSX : JDU ) today reported results for its second fiscal quarter ended December 29, 2012.

GAAP net revenue was $429.4 million with net income of $4.1 million, or $0.02 per share. Prior quarter net revenue was $420.9 million, with a net loss of $(11.6) million, or $(0.05) per share. Net revenue for the fiscal 2012 second quarter was $409.3 million, with a net income of $(10.2) million, or $(0.04) per share.

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Meru Networks Reports Record Fourth Quarter and Fiscal 2012 Financial Results

-- Fourth Quarter Revenue Increased by 21% Year-over-Year
-- Quarterly Operating Expenses Reduced for the Third Consecutive Quarter
-- Exited 2012 with a Total Customer Count Exceeding 7,400

 Meru Networks Inc., (MERU), a leader in virtualized wireless LAN solutions, today announced its financial results for the quarter and full year ended December 31, 2012.

Fourth Quarter 2012 Financial Results
Total revenues for the fourth quarter of 2012 were $28.2 million, up 21% from $23.3 million in the fourth quarter of 2011.  Products revenues for the fourth quarter of 2012 were $23.8 million, up 20% from the $19.7 million reported in the fourth quarter of 2011.

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Elephant Talk Signs Software Defined Network Contract with Mobile Operator in Major Latin American Market

Preliminary 4Q12 Results - Mobile and Security revenue up ~77% year-over-year

-- With plans to enter the U.S. market through the recently announced acquisition of 100% of the assets of Telnicity, LLC, a U.S. MVNE/MVNO enabler company headquartered in Oklahoma City, Oklahoma and the award of a contract to provide out-of-band and transaction verification solutions in November 2012 with a leading U.S. financial institution, Elephant Talk Communications, Corp. (ETAK) (www.elephanttalk.com), an international provider of software and services developed to manage network, billing and systems infrastructure for the telecommunication industry and a market leader in providing solutions to counter electronic fraud for the financial services industry, today announced it has signed a contract to implement the Company's proprietary Software Defined Network ("SDN") platform for an established mobile operator in a major Latin America market.  Elephant Talk is also releasing preliminary results for fourth quarter 2012 and the year 2012.

Read more: Elephant Talk Communications ( ETAK )