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MRV Communications reports 1Q loss

CHATSWORTH, Calif. (AP) _ MRV Communications Inc. (MRVC) on Wednesday reported a loss of $1 million in its first quarter.

The Chatsworth, California-based company said it had a loss of 15 cents per share. Losses, adjusted for one-time gains and costs, were 8 cents per share.

The networking equipment maker posted revenue of $21.2 million in the period.

MRV Communications shares have climbed 26 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.30, an increase of slightly more than 5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRVC at https://www.zacks.com/ap/MRVC


Keywords: MRV Communications, Earnings Report