Veraz Networks, Inc. (VRAZ) news stock charts
Veraz Networks, Inc. (VRAZ) Investment Summary:
We were incorporated in Delaware on October 18, 2001, and are a leading global provider of voice infrastructure solutions for established and emerging wireline and wireless service providers. Service providers use our products to transport, convert and manage data and voice traffic over both legacy Time-Division Multiplexing, or TDM, networks and Internet Protocol, or IP, networks, while enabling Voice over IP, or VoIP, and other multimedia services. Our products consist of our bandwidth optimization products and our Next Generation Network, or NGN, switching products. Our bandwidth optimization products include our DTX family of digital circuit multiplication equipment, or DCME, products and our I-Gate 4000 family of stand-alone media gateways. Our NGN solution includes our ControlSwitch product family based on the IP Multimedia Subsystem, or IMS, architecture as well as our I-Gate 4000 family of media gateways. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f14%2f0000950134-08-004820.html#FIS_BUSINESS"www.veraznetworks.com
Founded in 2001
VERAZ NETWORKS INC (VRAZ:NASDAQ)
LAST $0.96 USD
CHANGE TODAY 0.0001 0.01%
VOLUME 19.8K
As of 8:10 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of VERAZ NETWORKS INC (VRAZ)
|
OPEN
$0.90
|
PREVIOUS CLOSE
$0.96
|
|
|
DAY HIGH
$0.96
|
DAY LOW
$0.90
|
|
|
52 WEEK HIGH
09/16/09 - $1.20
|
52 WEEK LOW
04/1/09 - $0.48
|
|
|
MARKET CAP
42.4M
|
AVERAGE VOLUME 10 D
59.0K
|
|
|
EPS TTM
$-0.26
|
SHARES OUTSTANDING
44.2M
|
|
|
VRAZ Does Not Pay Dividends
|
P/E TTM
--
|
|
| K = Thousands M = Millions B = Billions | ||
Key developments for VERAZ NETWORKS INC (VRAZ)
Veraz Explores Strategic Options
03/11/2010
Veraz Networks, Inc. announced financial results for the fourth quarter and full year ended December 31, 2009. The company reported revenue of $18.6 million for the fourth quarter. The Board of Directors announced that Pagemill Partners LLC has been retained to examine Veraz's strategic alliance, divestiture, and acquisition opportunities. Despite Veraz having a solid balance sheet and significantly reducing costs in a difficult market, the Board believes that Veraz is significantly undervalued in the public market, both relative to its peers and to its intrinsic value. Accordingly, the Board has determined that it is in the best interests of the shareholders, customers and employees to explore all strategic options with the objective of maximizing shareholder value. Doug Sabella, Chief Executive Officer of Veraz Networks said: "We believe it is in the best interest of our shareholders and customers to explore options which will enable us to leverage our product investments and customer base to improve our overall market position. We continue to be a significant infrastructure and technology partner to some of the largest operators of wireless networks around the globe. While others talk about globalization, we have built a truly global company, which is quite complex and not easily replicated. We believe that these are very strong competitive advantages, which give us confidence that our strategy is sound and that our opportunities are great for 2010."
Veraz Networks, Inc. expected to Report Q1 2010 Results on May 3, 2010. This event was calculated by Capital IQ (Created on March 11, 2010).
03/11/2010
Veraz Networks, Inc. expected to Report Q1 2010 Results on May 3, 2010. This event was calculated by Capital IQ (Created on March 11, 2010).
Veraz Networks, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2009
03/11/2010
Veraz Networks, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2009. For the quarter, the company reported total revenues of $18,624,000, loss from operations of $3,406,000, loss before income taxes of $3,268,000 and net loss allocable to common stockholders of $4,058,000 or $0.09 per basic and diluted share against total revenues of $26,328,000, loss from operations of $259,000, loss before income taxes of $584,000 and net loss allocable to common stockholders of $861,000 or $0.02 per basic and diluted share for the same period last year. Non-GAAP net loss was $2,554,000 or $0.06 per basic and diluted share against non-GAAP net income of $579,000 or $0.01 per basic and diluted share last year. For the quarter, the company reported total revenues of $75,091,000, loss from operations of $9,614,000, loss before income taxes of $9,451,000 and net loss allocable to common stockholders of $11,621,000 or $0.27 per basic and diluted share against total revenues of $93,435,000, loss from operations of $21,274,000, loss before income taxes of $21,372,000 and net loss allocable to common stockholders of $20,960,000 or $0.50 per basic and diluted share for the same period last year. Non-GAAP net loss was $7,116,000 or $0.17 per basic and diluted share aagainst $13,143,000 or $0.31 per basic and diluted share last year. For the fourth quarter of 2009, cash flow from operations was positive $1.4 million and as of the end of 2009, cash, cash equivalents, restricted cash and investments were $33.6 million, or $0.75 per fully diluted share, and the company had no debt.
Veraz Networks, Inc. financial resources
VRAZ Competitors
| Company | Last | Change |
| Interactive Intelligence Inc | $18.19 USD | -0.73 |
| Openwave Systems Inc | $2.24 USD | -0.25 |
| Sonus Networks Inc | $2.56 USD | -0.08 |
| Ulticom Inc | $9.56 USD | -0.04 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | VRAZ | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.6x |
|
| Price/Book | 0.9x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.1x |
|
|
VRAZ |
||
|
VRAZ transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Veraz Networks, Inc.
Veraz Networks, Inc. Q4 2009 Earnings Call Transcript
2010-03-17 07:03:59
Quote: Veraz Networks, Inc. (VRAZ)
Q4 2009 Earnings Call
March 11, 2010 4:30 pm ET
Executives
Ron Vidal – IR, MBS Value Partners
Doug Sabella – CEO
Al Wood – CFO
Presentation
Operator
Good afternoon and welcome to the Veraz Networks fourth quarter 2009 financial results conference call. All participants will be in listen-only mode. (Operator Instructions). After today's presentation, there will be an opportunity to ask questions. (Operator Instructions). Please note, this event is ...Read article
Veraz 4Q loss widens, co. hires strategic adviser
2010-03-17 07:03:45
Quote: (AP) -- Veraz Networks Inc. said late Thursday that its fourth-quarter loss widened and that it had retained an investment bank to pursue strategic alternatives including a possible sale.The telecom equipment maker lost $4.1 million, or 9 cents per share, compared with a loss of $861,000, or 2 cents per share, during the same period in 2008.Revenue slid 29 percent to $18.6 million from $26.3 million.Veraz also said it retained Pagemill Partners to study its options for "strategic alliance, dives...Read article
Veraz Networks, Inc. Reports Fourth Quarter and Year End 2009 Financial Results
2010-03-15 03:19:33
Quote: Net loss ona non-GAAP basis for the year was ($7.1) million or ($0.17) loss pershare, which was a smaller loss than the net loss for 2008 of ($13.1million), or ($0.31) loss per share.For the fourth quarter of 2009, cash flow from operations was positive$1.4 million and as of the end of 2009, cash, cash equivalents,restricted cash and investments were $33.6 million, or $0.75 per fullydiluted share, and the company had no debt.“Obviously, 2009 was a very challenging year for the global econo...Read article
Veraz 4Q loss widens, co. hires strategic adviser
2010-03-15 03:19:31
Quote: (AP) -- Veraz Networks Inc. said late Thursday that its fourth-quarter loss widened and that it had retained an investment bank to pursue strategic alternatives including a possible sale.The telecom equipment maker lost $4.1 million, or 9 cents per share, compared with a loss of $861,000, or 2 cents per share, during the same period in 2008.Revenue slid 29 percent to $18.6 million from $26.3 million.Veraz also said it retained Pagemill Partners to study its options for "strategic alliance, dives...Read article
Veraz Networks, Inc. Reports Fourth Quarter and Year End 2009 Financial Results
2010-03-12 01:22:39
Quote: Net loss ona non-GAAP basis for the year was ($7.1) million or ($0.17) loss pershare, which was a smaller loss than the net loss for 2008 of ($13.1million), or ($0.31) loss per share.For the fourth quarter of 2009, cash flow from operations was positive$1.4 million and as of the end of 2009, cash, cash equivalents,restricted cash and investments were $33.6 million, or $0.75 per fullydiluted share, and the company had no debt.“Obviously, 2009 was a very challenging year for the global econo...Read article
Fourth Quarter Year End 2009 Financial Results Call scheduled for 4:30 pm ET today
2010-03-12 01:22:37
Quote: Call DetailsFourth Quarter Year End 2009 Financial Results Conference CallThu,
Mar 11, 2010, 4:30 pm EasternAbout Veraz Networks, Inc.VRAZ)Veraz Networks, Inc. provides voice infrastructure solutions for wireline and wireless service providers. It offers bandwidth optimization products, including I-Gate 4000 family of media gateways and session bandwidth optimizers, and DTX family of digital circuit multiplication equipment; and switching products, such as ControlSwitch product family based on t...Read article
VERAZ NETWORKS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi
2010-03-12 01:22:37
Quote: Results of Operations and Financial Condition.
On March 11, 2010, Veraz Networks, Inc. issued a press release announcing its
financial results for the quarter and year ended December 31, 2009. A copy of
the press release is attached as Exhibit 99.1 to this current report and is
incorporated herein by reference.
The information in the report, including Exhibit 99.1 attached hereto, shall not
be deemed to be "filed" for purposes of Section 18 of the Securities Exchange
Act of 1934, as a...Read article
Veraz Networks, Inc. to Report Results for the Fourth Quarter and Year End 2009 on Thursday, February 18, 2010
2010-03-10 05:53:41
Quote: (VRAZ-IR)Veraz Networks, Veraz, and ControlSwitch are registered trademarks of Veraz Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated. SOURCE: Veraz Networks, Inc.......Read article
Veraz Networks Delays Fourth Quarter and Year End 2009 Earnings Press Release and Conference Call
2010-03-10 05:53:39
Quote: Press ReleaseSource: Veraz Networks, Inc.On Thursday February 18, 2010, 8:00 am ESTSAN JOSE, Calif.--(BUSINESS WIRE)--Veraz Networks, Inc. (:- About Veraz Networks, Inc. (:- Veraz Networks, Inc. (:- ) is the leading provider of application, control, and bandwidth optimization products that enable the evolution to the Multimedia Generation Network (MGN). Veraz Networks makes it possible for fixed and mobile service providers to create, manage and transport application sessions cost-effectively an...Read article
Veraz Networks and LS Cable Team Up to Deliver Quad Play Service Solutions
2010-03-10 05:53:39
Quote: Press ReleaseSource: Veraz Networks, Inc.On Tuesday January 26, 2010, 8:00 am ESTSAN JOSE, Calif.--(BUSINESS WIRE)--., (: - ) the leading provider ofapplication, control, and bandwidth optimization products, today announced its partnership with LS Cable of Korea to develop Quadruple Play Service (QPS) solutions for service providers in emerging markets. As part of the agreement, LS Cable will now deploy Veraz’s world-class About Veraz Networks, Inc. (:- Veraz Networks, Inc. (:- ), is the ...Read article
Veraz Networks, Inc. to Report Results for the Fourth Quarter and Year End 2009 on Thursday, March 11, 2010
2010-03-10 05:53:37
Quote: In addition, Veraz's press release will be distributedvia Business Wire and posted on the Veraz website before the conferencecall begins.NASDAQVRAZNews)NASDAQVRAZNewsControlSwitchNetwork-adaptiveBorder ControllerI-Gate4000 Media GatewaysI-Gate4000 Session Bandwidth OptimizerI-Gate4000 SIP GatewayVerazViewManagement Systemwww.veraznetworks.com.(VRAZ-IR)Veraz Networks, Veraz, and ControlSwitch are registered trademarks ofVeraz Networks, Inc. All other company and product names may betrademarks of ...Read article
Veraz Networks, Inc. to Report Results for the Fourth Quarter and Year End 2009 on Thursday, March 11, 2010
2010-03-09 03:34:03
Quote: In addition, Veraz's press release will be distributedvia Business Wire and posted on the Veraz website before the conferencecall begins.NASDAQVRAZNews)NASDAQVRAZNewsControlSwitchNetwork-adaptiveBorder ControllerI-Gate4000 Media GatewaysI-Gate4000 Session Bandwidth OptimizerI-Gate4000 SIP GatewayVerazViewManagement Systemwww.veraznetworks.com.(VRAZ-IR)Veraz Networks, Veraz, and ControlSwitch are registered trademarks ofVeraz Networks, Inc. All other company and product names may betrademarks of ...Read article
VERAZ NETWORKS, INC. Files SEC form 8-K, Change in Directors or Principal Officers
2010-02-26 04:13:18
Quote: Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On February 19, 2010, the Compensation Committee ("Committee") of the Board of
Directors of Veraz Networks, Inc. (the "Company") approved: (1) an annual base
salary level for Douglas Sabella, the Company's Chief Executive Officer, of
$350,000 to be effective January 1, 2010; (2) an annual bonus target percentage
for Mr. Sabella o...Read article
Q4 2009 VERAZ NETWORKS INC Earnings Release - After Market Close
2010-02-19 01:41:27
Quote: AGUCA.MUN/ATime Not SuppliedAddUltralife CorporationULBI0.02Time Not SuppliedAddUnited Overseas Insurance LtdU13.SIN/ATime Not SuppliedAddUniversal AmericanUAM0.96After Market CloseAddListenVALIDUS HOLDINGS LTDVRN/AAfter Market CloseAddListenVASCO Data Security InternationalVDSI0.07Time Not SuppliedAddListenVCA Antech, Inc.WOOF0.284:00 pm ETAddVectren CorporationVVC0.53Time Not SuppliedAddVentasVTR0.65Before Market OpenAddListenVERAZ NETWORKS INCVRAZ-0.03After Market CloseAddWal-Mart Stores, Inc...Read article
Veraz Networks Delays Fourth Quarter and Year End 2009 Earnings Press Release and Conference Call
2010-02-19 01:41:26
Quote: Press ReleaseSource: Veraz Networks, Inc.On Thursday February 18, 2010, 8:00 am ESTSAN JOSE, Calif.--(BUSINESS WIRE)--Veraz Networks, Inc. (NASDAQ:- About Veraz Networks, Inc. (NASDAQ:- Veraz Networks, Inc. (NASDAQ:- ) is the leading provider ofapplication, control, and bandwidth optimization products that enablethe evolution to the Multimedia Generation Network (MGN). Veraz Networksmakes it possible for fixed and mobile service providers to create,manage and transport application sessions cost-...Read article
Veraz Networks and LS Cable Team Up to Deliver Quad Play Service Solutions
2010-01-27 02:26:23
Quote: Press ReleaseSource: Veraz Networks, Inc.On Tuesday January 26, 2010, 8:00 am ESTSAN JOSE, Calif.--(BUSINESS WIRE)--., (NASDAQ: - ) the leading provider ofapplication, control, and bandwidth optimizationproducts, today announced its partnership with LS Cable of Korea todevelop Quadruple Play Service (QPS) solutions for service providers inemerging markets. As part of the agreement, LS Cable will now deployVeraz’s world-class About Veraz Networks, Inc. (NASDAQ:- Veraz Networks, Inc. (NASDA...Read article
Veraz Networks, Inc. to Report Results for the Fourth Quarter and Year End 2009 on Thursday, February 18, 2010
2010-01-22 02:20:20
Quote: In addition, Veraz's press release will be distributedvia Business Wire and posted on the Veraz website before the conferencecall begins.VRAZNews)VRAZNewsControlSwitchNetwork-adaptiveBorder ControllerI-Gate4000 Media GatewaysI-Gate4000 Session Bandwidth OptimizerI-Gate4000 SIP GatewayVerazViewManagement Systemwww.veraznetworks.com.(VRAZ-IR)Veraz Networks, Veraz, and ControlSwitch are registered trademarks ofVeraz Networks, Inc. All other company and product names may betrademarks of the respecti...Read article
VERAZ NETWORKS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi
2010-01-12 03:13:26
Quote: Results of Operations and Financial Condition.
On August 6, 2009, Veraz Networks, Inc. (the "Company") reported its financial
results for the three months ended June 30, 2009. A copy of the press release
issued by the Company on August 6, 2009 concerning the foregoing results is
furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
The press release is furnished and shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act o...Read article
Borusan Telekom Selects Veraz and Elkotek for Enterprise VoIP Applications
2009-12-09 01:02:34
Quote: For more information please visit About Veraz Networks, Inc. (NASDAQ:- Veraz Networks, Inc. (NASDAQ:- ) is the leading provider ofapplication, control, and bandwidth optimization products that enablethe evolution to the(MGN). Veraz Networks makes it possible for fixedand mobile service providers to create, manage and transport applicationsessions cost-effectively and securely across TDM and IP networks.Service providers worldwide use the Veraz MGN portfolio to extend theirexisting legacy applica...Read article
Jamii Telecommunications Limited Selects Veraz's Softswitch Solution
2009-11-28 00:27:38
Quote: For more information please visit Email:| Website: About Veraz Networks, Inc. (NASDAQ:- Veraz Networks, Inc. (NASDAQ:- ) is the leading provider ofapplication, control, and bandwidth optimization products that enablethe evolution to the(MGN). Veraz Networks makes it possible for fixedand mobile service providers to create, manage and transport applicationsessions cost-effectively and securely across TDM and IP networks.Service providers worldwide use the Veraz MGN portfolio to extend theirexisti...Read article
Would you like to leave a comment about Veraz Networks, Inc. VRAZ
Find out what social network information about Veraz Networks, Inc. are available on RealpenniesWorst 5 - Click here to find out what stocks have been voted down by our visitors and users
Besides Veraz Networks, Inc.'s Stock there is more great penny stock and market information at Realpennies