Yahoo! FinanceHome - Yahoo! - Help

Market Guide

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

Profile - Corvis Corporation (NasdaqNM:CORV)
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 30Price hit new 52-week low ($1.88)
Location
7015 Albert Einstein Drive
Columbia, MD 21046
Phone: (443) 259-4000
Fax: (443) 259-4444
Email: investorinformation@corvis.com
Employees (last reported count): 1,452
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
 ·Investor Relations
 ·Employment
 ·Products & Services
 ·Yahoo! Category

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 56%
·Over the last 6 months:
 · one insider buy; 3,000  shares
 · 12 insider sells; 3.54M shares
  (1.7% of insider shares)
·Institutional: 16% (37% of float)
(224 institutions)
·Net Inst. Selling: 6.46M shares (+12.46%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Corvis Corporation designs, manufactures and markets high-performance optical communications systems that lower the overall cost of network ownership for service providers. Its all-optical products enable a fundamental shift in the design and efficiency of backbone networks by allowing for the transmission, switching and management of communications traffic entirely in the optical domain. These products include ultra-long-distance optical signal transmission, reception and amplification equipment, all-optical switching equipment and software that enables the creation of all-optical backbone networks. By deploying its products, service providers eliminate the need for bandwidth-limiting electrical regeneration and switching equipment. The Company has three customers, Broadwing Communications, Inc., Williams Communications, Inc. and Qwest Communications Corporation.
More from Market Guide: Expanded Business Description

Financial Summary
Corvis Corporation designs, manufactures and markets products that allow for the transmission, switching and management of communications traffic entirely as optical signals, enabling the creation of all-optical backbone networks. For the six months ended 6/30/01, revenue totaled $149 million, up from $0. Net loss totaled $922.7 million, up from $127.6 million. Results reflect continued commercial deployments, offset by increased amortization costs and write-downs.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

David Huber, Ph.D., 50
Chairman, Pres, CEO
$261K
Terence Unter, Ph.D., 48
COO
591K
Anne Stuart, 38
Sr. VP, CFO, Treasurer
148K
Kim Larsen, 43
Sr. VP, Gen. Counsel, Sec.
130K
Dollar amounts are as of 31-Dec-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:CORVAs of 31-Aug-2001
Price and Volume
52-Week Low
on 30-Aug-2001
$1.88 
Recent Price$1.97 
52-Week High
on 1-Sep-2000
$108.00 
Daily Volume (3-month avg)4.44M
Daily Volume (10-day avg)3.16M
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y]
52-Week Change-98.0%
52-Week Change
relative to S&P500
-97.3%
Share-Related Items
Market Capitalization$709.4M
Shares Outstanding360.1M
Float158.4M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$3.46 
Earnings (ttm)-$3.23 
Earnings (mrq)-$2.36 
Sales (ttm)$0.70 
Cash (mrq)$2.15 
Valuation Ratios
Price/Book (mrq)0.57 
Price/EarningsN/A 
Price/Sales (ttm)2.81 
Income Statements
Sales (ttm)$217.9M
EBITDA (ttm)-$862.6M
Income available to common (ttm)-$1.08B
Profitability
Profit MarginN/A 
Operating MarginN/A 
Fiscal Year
Fiscal Year EndsDec 30
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-66.02%
Return on Equity (ttm)-73.13%
Financial Strength
Current Ratio (mrq)8.59 
Debt/Equity (mrq)0.04 
Total Cash (mrq)$771.6M
Short Interest
As of 8-Aug-2001
Shares Short4.88M
Percent of Float3.1%
Shares Short
(Prior Month)
6.87M
Short Ratio1.18 
Daily Volume4.13M
See Profile Help for a description of each item above;   M = millions;   B = billions;   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.