Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - Avanex Corporation (NasdaqNM:AVNX)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials | Reports
Recent Events
Aug 31Price hit new 52-week low ($5.15)
Location
40919 Encyclopedia Circle
Fremont, CA 94538
Phone: (510) 897-4188
Fax: (510) 897-4189
Employees (last reported count): 1,100
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Communications Equipment
Company Websites
 ·Home Page
 ·Yahoo! Category

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 65%
·Over the last 6 months:
 · 13 insider sells; 539.0K shares
  (1.3% of insider shares)
·Institutional: 31% (87% of float)
(233 institutions)
·Net Inst. Selling: 2.83M shares (+16.64%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Avanex Corporation is a leading global provider of cost-effective, high-performance photonic processing solutions that enable optical communications networks to achieve next-generation performance. The Company's photonic processing solutions are used by fiber optic transmission systems providers and their network carrier customers to enhance system performance and deliver resulting increases in network speed and capacity. Customers for Avanex photonic processors include WorldCom, Inc., Nortel Networks Corporation, Lucent Technologies, Fujitsu Ltd., Hitachi Ltd., Sycamore Networks Inc., Sorrento Networks, Cogent Communications and Cisco Systems, Inc.
More from Market Guide: Expanded Business Description

Financial Summary
Avanex Corp. manufactures and markets fiber-optic based products, known as photonic processors, which are designed to increase the performance of optical networks. For the fiscal year ended 6/30/01, net revenue totaled $131.2 million, up from $40.7 million. Net loss applicable to Common increased 60% to $122.3 million. Results reflect higher PowerMux and PowerExchanger revenues, offset by increased research and development and a $22.6 million restructuring charge.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Walter Alessandrini, Ph.D., 53
Chairman
$425K
Paul Engle
Pres, CEO, Director
--  
Charles Mao, 41
Sr. VP of Sales and Marketing
--  
Paul Jiang, 41
Sr. VP, Manufacturing and Supply Management
139K
Jessy Chao, 33
VP, Fin. and CFO
--  
Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:AVNXAs of 31-Aug-2001
Price and Volume
52-Week Low
on 31-Aug-2001
$5.15 
Recent Price$5.30 
52-Week High
on 5-Sep-2000
$161.375
Daily Volume (3-month avg)1.26M
Daily Volume (10-day avg)600.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y]
52-Week Change-96.5%
52-Week Change
relative to S&P500
-95.3%
Share-Related Items
Market Capitalization$344.7M
Shares Outstanding65.0M
Float22.8M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$4.09 
Earnings (ttm)-$2.10 
Earnings (mrq)-$0.82 
Sales (ttm)$2.28 
Cash (mrq)$3.41 
Valuation Ratios
Price/Book (mrq)1.29 
Price/EarningsN/A 
Price/Sales (ttm)2.33 
Income Statements
Sales (ttm)$131.2M
EBITDA (ttm)-$72.0M
Income available to common (ttm)-$122.3M
Profitability
Profit Margin (ttm)-93.2%
Operating MarginN/A 
Fiscal Year
Fiscal Year EndsJune 30
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-36.70%
Return on Equity (ttm)-43.55%
Financial Strength
Current Ratio (mrq)4.41 
Debt/Equity (mrq)0.11 
Total Cash (mrq)$204.6M
Short Interest
As of 8-Aug-2001
Shares Short2.98M
Percent of Float13.1%
Shares Short
(Prior Month)
3.54M
Short Ratio3.63 
Daily Volume821.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.