Mitel Networks (MITL) Tops Q4 EPS by 8c

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Go back to Mitel Networks (MITL) Tops Q4 EPS by 8c

Mitel Reports Record Fourth Quarter Results

February 26, 2015 6:30 AM EST

Integration synergies and strong cash flows are driven by solid execution

Total cloud seats installed stands at a milestone 1,039,000 an increase of 83% year-over-year

OTTAWA, Feb. 26, 2015 (GLOBE NEWSWIRE) -- Mitel® (Nasdaq: MITL) (TSX: MNW), a global leader in business communications, today announced financial results for the fourth quarter and full year ended December 31, 2014. As reported highlights include:

Quarterly and annual revenue of $301.4 million and $1.1 billion, respectively Record quarterly and annual adjusted EBITDA of $57.9 million and $166.9 million, respectively Record non-GAAP quarterly and annual EPS of $0.36 and $0.99, respectively  ... More