Mitel Networks Corporation operates in the Radio & TV communications equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Mitel Networks with three other
audio-visual equipment producers in North America:
Dolby Laboratories, Inc.
of the United States
sales of $1.03 billion
Sierra Wireless, Inc.
(813.43 million Canadian Dollars [US$610.22 million]
of which 84%
was OEM Solutions), and
Ubiquiti Networks Inc
based in the United States
of which 63%
was Service Provider Technology).
Mitel Networks reported sales of C$1.30 billion (US$978.96 million)
December of 2016.
decrease of 12.5%
versus 2015, when the company's sales were C$1.49 billion.
Contributing to the drop in overall sales was the 9.8% decline
in Enterprise - Products, from C$765.28 million to C$690.40 million.
However, these declines were partially offset by the increase in sales of
Enterprise - Recurring (up 1.8% to C$251.98 million)
Cloud Segment - Recurring Service (up 18.4% to C$159.88 million)
Enterprise - Services (up 7.0% to C$118.92 million)
Cloud Segment - Products (up 28.0% to C$80.47 million)
Cloud Segment- Services (up 2.6% to C$3.30 million)