| 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 |
| | | | 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
|
|