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November 23, 2009 2:23 AM ET

Network Equipment Technologies Inc.

(NWK:NASDAQ)

LAST $3.88 USD
CHANGE TODAY +0.01 0.26%
VOLUME 84.7K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Network Equipment Technologies Inc. (NWK)

OPEN
$3.84
PREVIOUS CLOSE
$3.87
DAY HIGH
$4.01
DAY LOW
$3.84
52 WEEK HIGH
09/16/09 - $7.45
52 WEEK LOW
11/21/08 - $1.76
MARKET CAP
115.3M
AVERAGE VOLUME 3 mo
106.6K
DILUTED EPS TTM
$-0.18
SHARES OUTSTANDING
29.7M
NWK Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

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NWK Details

Network Equipment Technologies, Inc. (NET), together with its subsidiaries, engages in the design, development, manufacture, and sale of telecommunications equipment for multi-service networks and associated services used by government organizations, enterprises, and carriers worldwide. The company offers voice solutions that include the VX Series and the Quintum Series of switching media gateways that provide enterprise customers with voice interoperability solutions, IP-based solutions to government agencies, and traditional VoIP switching gateway solutions for SMBs and smaller branch offices within large enterprises. It provides multi-service solutions, which comprise Promina product line, a traditional multi-service platform, which provides network reliability and security; NX1000 platform that provides a WAN switching solution to enable multi-service and serial data applications to integrate and aggregate into IP-based networks; and NX5010 platform, which enables secure interconnection and extension of geographically distributed grid computing clusters and storage area networks, providing data transfer. NET also provides installation and other professional services; hardware and software maintenance programs, parts repair, remote and on-site technical assistance, and customer training; and Web-based services. The company serves government customers, which include various federal and international agencies and organizations, including civilian and defense agencies, and resellers to such entities; and enterprise customers comprising large enterprises, and small-to mid-sized businesses in various sectors, such as financial services, manufacturing, transportation, and retail. NET sells its products directly, as well as through relationships with integrators, resellers, and technology leaders. The company was founded in 1983 and is headquartered in Fremont, California.

254 Employees
Founded in 1983

NWK Top Compensated Officers

Chief Executive Officer, President and Direct...
Age: 67
Total Annual Compensation: $415.0K
Chief Financial Officer, Principal Accounting...
Age: 44
Total Annual Compensation: $275.0K
Vice President, Corporate Secretary and Gener...
Age: 48
Total Annual Compensation: $233.9K
Chief Technology Officer, Chief Information O...
Age: 45
Total Annual Compensation: $264.9K
Compensation as of Fiscal Year 2009.

Key developments for Network Equipment Technologies Inc. (NWK)

Network Equipment Technologies Inc. Announces Executive Changes

Network Equipment Technologies Inc. (NET) announced that John F. McGrath, Jr., vice president and chief financial officer, is leaving the company to pursue other opportunities. David Wagenseller, vice president and controller, will be the company's acting CFO, and Deborah Nelson, vice president of finance, will continue in her role.

Network Equipment Technologies Inc. - Conference Presentation Call

Network Equipment Technologies Inc. - Conference Presentation Calls

Network Equipment Technologies and emFAST Complete Interoperability Testing for Delivering Fax to Microsoft Exchange 2010

Network Equipment Technologies Inc. and emFAST Inc. announced a teaming agreement and the successful completion of interoperability testing of NET's VX Series running 'One Number Fax' with emFAST's FACSys server. This combination provides a comprehensive unified messaging solution, including fax delivery, for Microsoft Exchange Server 2007 and Microsoft Exchange Server 2010 users. NET's VX Series switches offer a 'One Number Fax' solution to deliver the true vision of a single, unified phone number with automated fax delivery. The 'One Number Fax' solution detects and separates voice and fax calls by CNG (fax tone) detection and automatically routes the calls to the proper destination without ever ringing the phone when faxes are delivered. Faxes are delivered directly to Microsoft Exchange Server 2007 Unified Messaging, Microsoft Exchange Server 2010 Unified Messaging, or to the FACSys Fax server to help organizations round out their unified messaging implementations and save costs. The combined solution of NET's VX Series and emFAST's FACSys server enhances Microsoft Exchange Server 2007 Unified Messaging and Microsoft Exchange Server 2010 Unified Messaging, giving users the ability to manage not only their e-mail, voice mail, text and instant messaging, but also to manage fax messages from a single mailbox.

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NWK Competitors

Company Last Change
AudioCodes Ltd $2.60 USD +0.08
General DataComm Industries Inc $0.03 USD 0.00
Ipernica Ltd A$0.12 AUD 0.00
Teles Informationstechnologien €0.99 EUR -0.01
Zhone Technologies Inc $0.48 USD +0.0017
View Industry Companies
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Industry Analysis

Valuation NWK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.6x
Price/Book 1.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

NWK

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NWK transactions

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Target
No transactions in the last 6 months.

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