zhone technologies inc (ZHNE:NASDAQ CM)
zhone technologies inc (ZHNE) Snapshot
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Open
$1.04
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Previous Close
$1.00
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Day High
$1.04
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Day Low
$0.98
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52 Week High
02/21/13 - $1.24
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52 Week Low
11/20/12 - $0.40
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Market Cap
31.1M
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Average Volume 10 Days
70.2K
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EPS TTM
$-0.18
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Shares Outstanding
31.1M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
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Related News
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No Related Businessweek News Foundzhone technologies inc (ZHNE) Details
Zhone Technologies, Inc. designs, develops, manufactures, and sells communications network equipment for telecommunications, wireless, and cable operators worldwide. It offers single line multi-service (SLMS) architecture, which provides support for voice over Internet protocol and IP entertainment by integrating access, transport, customer premises equipment, and management functions in a standards-based system. The company’s SLMS products include broadband aggregation and service products that are deployed in central offices, remote offices, points of presence, curbsides, data and co-location centers, and enterprises to aggregate, concentrate, and optimize communications traffic from copper and fiber networks; customer premise equipment, which offers solution for combining analog voice and data services to the subscriber’s premises over a single platform; and Zhone Management System that provides optional software tools to manage aggregation and customer premises network hardware. Its SLMS products deliver voice, data, and video interface connectivity for broadcast and subscription television, Internet routers, and telephony equipment. The company also provides products that are deployed by service providers to support various voice and data services; and provides technical support, product repair, and education and support services. Zhone Technologies, Inc. sells its products and services to network service providers directly, as well as through distributors, resellers, system integrators, and service providers. The company was founded in 1999 and is headquartered in Oakland, California.
zhone technologies inc (ZHNE) Top Compensated Officers
zhone technologies inc (ZHNE) Key Developments
Marathon Patent Group, Inc. announced that its subsidiary Relay IP has filed patent infringement lawsuits in the United States District Court for the District of Delaware against Sprint Nextel Corporation, Juniper Networks, Cisco Systems, Bloomberg L.P., Hitachi Cable America, D-Link Corporation, Avaya, Hewlett-Packard Company, Enterasys Networks, Extreme Networks, TIBCO Software, BT Group, SAVVIS Inc., Zhone Technologies, Huawei Technologies, Allied Telesis, and Adtran (the "Defendants"). Relay is asserting infringement related to U.S. Patent number 5,331,637, entitled Multicast Routing Using Core Based Trees. The lawsuit alleges that the Defendants have infringed, and continue to infringe, the claims of the patent in suit by using the accused IP Multicast systems and methods covered by the claims of the Relay patent.
Zhone Technologies Inc. announced consolidated unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net revenue of $28,379,000 against $27,062,000 a year ago. Operating income was $333,000 against operating loss of $3,354,000 a year ago. Income before income taxes was $262,000 against loss before income tax of $3,381,000 a year ago. Net income was $230,000 or $0.01 per basic and diluted share against net loss of $3,414,000 or $0.11 per basic and diluted share a year ago. Non-GAAP Adjusted EBITDA income was $561,000 against non-GAAP Adjusted LBITDA of $3,117,000 a year ago. Adjusted EBITDA profit was $0.6 million against an adjusted EBITDA loss of $3.1 million a year ago. The company achieved its revenue, gross margin and expense targets thereby generating positive free cash flow from operations and further improving its liquidity. First quarter revenue was driven by new MXK customer growth globally. The company is able to consistently generate profitability as well as positive cash flow from operations. Going forward, the company continues to remain focused on improving that profitability, and expect to be even more profitable in next quarter on moderate revenue growth.
Zhone Technologies Inc. announced that they will report Q1, 2013 results After-Market on Apr 17, 2013
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Industry Analysis
ZHNE
Industry Average
| Valuation | ZHNE | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.3x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.1x |
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