What is the current Covad share price?

The current share price of Covad is US$ 0.00

What is the 1 year trading range for Covad share price?

Covad has traded in the range of US$ 0.00 to US$ 0.00 during the past year

Covad【DVW】銘柄情報

期間 †	前日比	前日比 %	始値	高値	安値	平均出来高	VWAP
1	0	0	0	0	0	0	0	DE
4	0	0	0	0	0	0	0	DE
12	0	0	0	0	0	0	0	DE
26	0	0	0	0	0	0	0	DE
52	0	0	0	0	0	0	0	DE
156	0	0	0	0	0	0	0	DE
260	0	0	0	0	0	0	0	DE

期間 †

前日比

前日比 %

始値

高値

安値

平均出来高

VWAP

156

260

銘柄コード	株価	出来高
OGENOragenics Inc	US$ 0.395001 (39.04%)	200.92M
NNVCNanoViricides Inc	US$ 1.315 (15.35%)	785.13k
YCBDcbdMD Inc	US$ 0.645 (12.64%)	2.63M
OSTXOS Therapies Incorporated	US$ 2.13 (10.36%)	218.62k
GROYGold Royalty Corp	US$ 1.4848 (9.99%)	1.71M
AIMAIM ImmunoTech Inc	US$ 0.1438 (-20.16%)	3.21M
GOOXT Rex 2x Long Alphabet Daily Target ETF	US$ 31.9029 (-14.17%)	120.57k
NVDQT Rex 2X Inverse NVIDIA Daily Target ETF	US$ 3.275 (-9.90%)	26.62M
AZTRAzitra Inc	US$ 0.2941 (-9.23%)	4.15M
SSGProShares UltraShort Semiconductors New	US$ 26.04 (-8.54%)	23.57k
OGENOragenics Inc	US$ 0.404 (42.20%)	199.34M
SOXLDirexion Daily Semiconductor Bull 3X Shares	US$ 27.63 (5.26%)	37.07M
SPXSDirexion Daily S&P 500 Bear 3X Shares New	US$ 5.805 (-0.43%)	27.18M
NVDQT Rex 2X Inverse NVIDIA Daily Target ETF	US$ 3.275 (-9.90%)	26.62M
ETHU2x Ether ETF	US$ 4.75 (2.59%)	24.88M

銘柄コード

株価

出来高

OGENOragenics Inc

US$ 0.404

(42.20%)

199.34M

SOXLDirexion Daily Semiconductor Bull 3X Shares

US$ 27.63

(5.26%)

37.07M

SPXSDirexion Daily S&P 500 Bear 3X Shares New

US$ 5.805

(-0.43%)

27.18M

NVDQT Rex 2X Inverse NVIDIA Daily Target ETF

US$ 3.275

(-9.90%)

26.62M

ETHU2x Ether ETF

US$ 4.75

(2.59%)

24.88M

Covad Communications Group Announces Second Quarter 2005 =1

SAN JOSE, Calif., Jul 27, 2005 (BUSINESS WIRE) -- Covad Communications Group,
Inc. (OTCBB:COVD), a leading national provider of integrated voice and data
communications, today reported revenue for the second quarter of 2005 of $109.7
million, up from the $107.7 million reported for the first quarter of 2005 and
up from $107.3 million reported in the second quarter of 2004.

Covad ended the second quarter of 2005 with approximately 554,400 broadband
lines in service, an increase of 7,000 lines from the first quarter of 2005.
More than one-third of the line growth was from sales of business T1 services.

Covad ended the second quarter of 2005 with 870 VoIP business customers using
approximately 29,900 stations, representing a 28 percent increase in VoIP
station count from March 31, 2005. VoIP stations added in the second quarter of
2005 were more than double the stations added in the first quarter of 2005.
While VoIP station growth doubled quarter over quarter in 2005 revenue does not
reflect similar growth primarily because of the treatment of installation and
equipment charges, which are deferred for revenue recognition purposes when
billed. These amounts billed will be recognized as revenue in subsequent
quarters.

The company reported a net loss of $16.4 million, or $0.06 loss per share, for
the second quarter of 2005 as compared to a net income of $34.4 million, or
$0.11 per share, for the first quarter of 2005 and a net loss of $7.4 million,
or $0.03 loss per share, in the second quarter of 2004.

Loss from operations for the second quarter of 2005 was $25.6 million compared
to $26.6 million for the first quarter of 2005 and $6.7 million in the second
quarter of 2004. The loss from operations in the second quarter of 2005 reflects
the company's continued investment in sales, marketing and implementation of
Covad's Voice over IP (VoIP) service.

Cash, cash equivalents and short-term investment balances, including restricted
cash and investments, decreased by $4.6 million to $131.0 million in the second
quarter of 2005 compared to a balance of $135.6 million at the end of the first
quarter of 2005. Covad's total cash balance as of June 30, 2005 includes
proceeds from the sale of a portion of the Company's ownership in ACCA Networks
Co. LTD (ACCA), a Japanese broadband provider, as well as an EarthLink
Line-Powered Voice Access prepayment.

"Our second quarter results, with continued growth in revenue, adding 7,000
broadband lines and increasing VoIP stations by 28 percent, are a reflection of
our commitment to building a long-term profitable business and being a leader in
voice and data services. Our direct sales force is proving to be a significant
asset as we continue to set the standard for the business-class VoIP market,"
said Charles Hoffman, Covad president and chief executive officer. "The second
quarter also indicates a change in the mix of broadband lines with an increase
in more profitable, business-class lines being added to our network.
Additionally, our new initiatives with both AOL on high-speed Internet services
and with EarthLink on Line-Powered Voice Access that were announced in the
quarter will enable Covad to continue leveraging our nationwide network to
innovate and collaborate with our partners."

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the
second quarter of 2005 was a loss of $8.0 million as compared to a loss of $7.4
million in the first quarter of 2005 and a profit of $12.5 million in the second
quarter of 2004. Refer to the Selected Financial Data, including Note 2, for a
reconciliation of this non-GAAP financial performance measure to the most
directly comparable GAAP measure and other information.

The company's wholesale subscribers contributed $78.1 million of revenue, or 71
percent, while direct subscribers contributed $31.6 million of revenue, or 29
percent. As of June 30, 2005, broadband lines in service were approximately
472,800 wholesale and 81,600 direct lines, as compared to approximately 465,900
wholesale and 81,500 direct lines as of March 31, 2005, and approximately
440,800 wholesale and 73,600 direct lines reported as of June 30, 2004.

For the second quarter of 2005, broadband and VoIP subscription revenue
increased to $93.5 million from the $91.5 million reported in the first quarter
of 2005 and the $87.5 million reported in the second quarter of 2004. Management
uses broadband and VoIP subscription revenue to evaluate the performance of its
business and believes these revenues are a useful measure for investors as they
represent a key indicator of the performance of the company's core business.
Refer to the Selected Financial Data, including Note 3, for additional
information, including a reconciliation of this non-GAAP financial performance
measure to the most directly comparable GAAP measure.

For the second quarter of 2005, gross margin was $33.5 million, or 31 percent of
revenue, as compared to $35.0 million, or 32 percent of revenue, for the first
quarter of 2005 and $44.6 million, or 42 percent of revenue, for the second
quarter of 2004. Selling, general and administrative expenses were $41.5 million
for the second quarter of 2005 as compared to $42.4 million for the first
quarter of 2005 and $31.9 million in the second quarter of 2004.

"Our second quarter results are in line with the guidance we provided and
reflect our continued commitment to invest in VoIP as well as opportunities in
the broadband area," said John Trewin, Covad senior vice president and chief
financial officer. "The year-over-year increase in operating expenses reflects
our conscious decision to invest to become a leader in the VoIP market. Going
forward, we will continue to make strategic investments in our business to
improve our VoIP, sales, marketing and delivery processes which will result in
an improved customer experience and operational efficiencies, such as faster
order processing and more automated billing."

Operating Statistics

-- At the end of the second quarter of 2005, Covad had approximately 324,700
consumer and 229,700 business broadband lines in service representing 59 percent
and 41 percent of total broadband lines, respectively. Covad had 870 VoIP
business customers and approximately 29,900 VoIP stations as of June 30, 2005.
Business customers contributed $81.6 million, or 74 percent, of total revenue.

-- Weighted Average Revenue per User (ARPU) for broadband lines was $55 per
month during the second quarter of 2005, equivalent to $55 per month for the
first quarter of 2005. Covad VoIP ARPU per customer (excluding resellers) was
$1,698 per month during the second quarter of 2005, down from $1,763 per month
for the first quarter of 2005.

-- Net customer disconnections, or churn, for broadband lines averaged
approximately 3.2 percent in the second quarter of 2005, slightly up from 3.1
percent for the first quarter of 2005.

Business Outlook

In the third quarter of 2005, Covad will be focused on equipping central offices
for the EarthLink line-powered voice trial, continuing network augmentations to
support execution of the AOL High Speed offer and other broadband growth, and
continuing investment to maintain leadership in the growing VoIP hosted-PBX
market. The AOL trial has a positive effect on revenues, but negative impact on
EBITDA and cash due to the upfront incremental expenditures to support that
volume. There also is some capital expenditure related to the EarthLink trial so
some cash received from EarthLink last quarter will be spent in the third
quarter. These expenditures are partially offset by the expectation of selling
the balance of Covad's shares in ACCA during the third quarter of 2005.

As a result, Covad expects total revenue for the third quarter of 2005 to be in
the range of $111-116 million. Broadband and VoIP subscription revenue is
expected to be in the range of $95-98 million. Covad expects its net loss to be
in the range of $16-19 million, and EBITDA loss in the range of $12-15 million.
Net change in cash, cash equivalents and short-term investments, including
restricted cash and investments, in the third quarter of 2005 is expected to be
in the range of negative $14-18 million.

Covad also announced today that it has been accepted for listing on the American
Stock Exchange (Amex) under the symbol "DVW" for data, voice and wireless. Covad
shares will begin trading on Amex on July 28, 2005. Covad was previously traded
on the OTCBB.

Conference Call Information

Covad will conduct a conference call to discuss these financial results on
Wednesday, July 27, 2005 at 5:00 p.m. Eastern Time (ET)/ 2:00 p.m. Pacific Time
(PT). The conference call will be webcast over the Internet. To listen to the
call, visit the Event Calendar section on the Covad web site at
http://www.covad.com/companyinfo/investorrelations. Investors and press may also
listen by telephone to the call by dialing 800-510-0178 and reference pass code
80786596. Participants are advised to call in 5 minutes prior to the start time.
The conference call will be recorded and available for replay listening until
11:59 p.m. EST on August 3, 2005 by dialing 888-286-8010 and reference pass code
59801621. The webcast will be available through our website until July 26, 2006.

About Covad

Covad is a leading nationwide provider of broadband voice and data
communications. The company offers DSL, Voice over IP, T1, Web hosting, managed
security, IP and dial-up, and bundled voice and data services directly through
Covad's network and through Internet Service Providers, value-added resellers,
telecommunications carriers and affinity groups to small and medium-sized
businesses and home users. Covad broadband services are currently available
across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and
can be purchased by more than 57 million homes and businesses, which represent
over 50 percent of all US homes and businesses. Corporate headquarters is
located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web
Site: www.covad.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995:

The foregoing contains "forward-looking statements" which are based on
management's current information and beliefs as well as on a number of
assumptions concerning future events made by management. Examples of
forward-looking statements include the company's expected revenue, Broadband and
VoIP subscription revenue, broadband subscriber line growth, net loss, EBITDA
loss, change in cash, cash equivalents and short term investments, including
restricted cash and investments. Readers are cautioned not to put undue reliance
on such forward-looking statements, which are not a guarantee of performance and
are subject to a number of uncertainties and other factors, many of which are
outside Covad's control, that could cause actual results to differ materially
from such statements. These risk factors include our ability to rapidly expand
and deploy new services, the impact of increasing competition, pricing
pressures, consolidation in the telecommunications industry, and uncertainty in
telecommunications regulations and changes in technologies, among other risks.
For a more detailed description of the risk factors that could cause such a
difference, please see Covad's 10-K, 8-K and other filings with the Securities
and Exchange Commission. Covad disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. This information is presented solely to
provide additional information to further understand the results of Covad.

COVAD COMMUNICATIONS GROUP, INC.
SELECTED FINANCIAL DATA (unaudited)
(in thousands)

Selected Condensed Balance Sheet Data As of As of As of
Jun 30, Mar 31, Dec 31,
2005 2005 2004
---------- ---------- ----------

Cash, cash equivalents, and short-term
investments $128,444 $133,018 $150,996
Restricted cash and cash equivalents 2,533 2,533 2,533
Short term investments in equity
securities 14,288 27,671 -
Accounts receivable, net 29,401 27,862 30,041
All other current assets 16,012 14,990 12,211
Property and equipment, net 71,494 71,444 78,707
Collocation fees and other intangible
assets, net 26,843 29,452 34,561
Goodwill 36,626 36,626 36,626
Deferred costs of service activation 28,198 29,128 30,152
Deferred debt issuance costs 3,727 3,979 4,231
All other long-term assets 4,280 4,710 5,167
---------- ---------- ----------
Total assets $361,846 $381,413 $385,225
========== ========== ==========

Total current liabilities $116,176 $109,825 $116,717
Long-term debt 125,000 125,000 125,000
Collateralized customer deposit 40,152 42,237 44,444
Deferred gain resulting from
deconsolidation of subsidiary - - 53,963
Unearned revenues 48,032 49,728 51,518
Other long-term liabilities 6,773 2,108 2,218
Total stockholders' equity (deficit) 25,713 52,515 (8,635)
---------- ---------- ----------
Total liabilities and stockholders'
equity (deficit) $361,846 $381,413 $385,225
========== ========== ==========

COVAD COMMUNICATIONS GROUP, INC.
SELECTED FINANCIAL DATA (unaudited)
(in thousands, except per share amounts)

Consolidated
Condensed Statements
of Operations Data Three Months Ended Six Months Ended
----------------------------- -------------------
Jun 30, Mar 31, Jun 30, Jun 30, Jun 30,
2005 2005 2004 2005 2004

AOL Answers the VoIP Call

We test America Online's new Internet Phone Service and find it easy to use but pricey.

Tom Spring, PC World
Thursday, April 07, 2005

America Online today joins the parade of companies offering Internet telephone service.

Initially the availability of AOL's Voice over Internet Protocol (VoIP) service is limited to 22.2 million AOL members who live inside the 40 major U.S. markets where the launch is taking place. For a complete list of these cities, visit AOL KeyWord: Internet Phone Service if you are a subscriber or AOL.com.

In coming months AOL expects to make its AOL Internet Phone Service available in more markets and to open it up to non-AOL members as well.

I've tested the AOL service in its beta incarnation and, in many ways, I like it better than other VoIP services I've looked at. Setup is simple, and AOL brings some unique extras to a very crowded field. Though the service does have a few drawbacks, overall it works as AOL describes it.

What Makes It Unique?
Nate Kettlewell, AOL product manager for voice services, calls the company's VoIP offering easy to set up and use. He adds that, unlike other VoIP services, AOL tightly integrates the phone service with online components such as e-mail, contacts, and instant messaging.

"Everything about AOL is easy to use, and the AOL Internet phone service is no different," Kettlewell said. Another big differentiator is what AOL is calling "true e-9-1-1 service," which always connects 9-1-1 emergency calls directly to local emergency dispatchers.

Traditional telephone companies have resisted bringing VoIP services into the enhanced 9-1-1 system. Vonage, an early VoIP provider, has been involved in a number of disputes, most recently with regional carrier SBC, over how to implement e-911 services for VoIP.

Pricing
To attract new AOL memberships, AOL is offering current nonsubscribers a $30-per-month introductory rate to sign up for an unlimited plan that covers calling within the United States and Canada. This monthly fee includes access to the AOL service over your existing broadband connection. (You must have broadband to use the VoIP service.) At the end of six months, the price of the entire package jumps to $40 per month.

People who already subscribe to AOL have a choice of plans: A basic $19-per-month Local Plan gets a current subscriber unlimited local and regional calls plus long-distance calls at 4 cents per minute anywhere in the United States and Canada. The Local Plan has an introductory price of $14 per month for the first three months.

For unlimited local, regional, and long-distance calls in the United States and Canada, current subscribers would pay $30 per month. The introductory rate is $25 per month for the first three months.

And AOL's Global Calling Plan runs $35 per month with reduced international rates. The three-month introductory rate in this case is $30 per month.

AOL Internet Phone Service appears pricier than the plans offered by some existing competitors. Vonage, for example, has a comparable unlimited calling plan priced at $25 per month, as well as a basic $15 plan that covers 500 minutes of calls made within the United States and Canada each month.

You've Got AOL VoIP!
To get you started, AOL provides a small black adapter box that's designed to plug in between your phone and your Internet connection. Or you may plug the adapter directly into a free ethernet port on your router, as I did. I then plugged a regular telephone into the adapter--and immediately I could make phone calls that sounded exactly like calls made using a traditional telephone. This new AOL VoIP service works with AOL 7.0 and above.

AOL Internet Phone Service has some unique features. For instance, its Call Alert function allows you to route calls placed to your AOL VoIP phone to anyone on a user-created list of preset phone numbers. When your AOL VoIP phone rings, an AOL pop-up message appears on your PC displaying caller ID information--if you have the AOL software running. Next, the alert message window gives you the option of routing the call on the fly directly to voice mail, or you can forward the call to any phone number you wish.

The Call Alert feature works regardless of where you are. If you use your AOL VoIP service at home and you are online at work with AOL running on that PC, you'll see the same Call Alert pop-up window with routing options that you'd see at home. And if your PC has the right equipment (a headset or USB handset), you can answer the call right at your PC.

Other VoIP services offer similar call-forwarding features, but they don't allow you to direct the call on the fly as AOL does.

I also liked AOL Internet Phone Service Dashboard, AOL's online control center for its VoIP service. Here you have access to e-mail addresses, AIM handles, and phone contacts all in one place. You can manage your phone account, see a record of all your calls, and even check to see whether you have any voice mail messages. You can pick up such messages through your AOL inbox in the form of e-mail messages with sound files attached.

Once you set up your contacts--which means associating phone numbers with e-mail addresses and AIM screen names--you can choose how you want to communicate with someone through the Dashboard. If an AOL buddy is online, the AOL Running Man icon shows up next to his or her name. If you wish, click the icon and shoot your buddy an instant message. If your contact uses Yahoo or Microsoft instant messaging software, however, this online presence feature won't notify you that your contact may be online and available.

A clever click-to-call feature lets you click any phone number in your Contact list to have AOL dial the number for you instantly. AOL rings you first. When you pick up your phone, it rings the number you clicked to dial.

Another big positive is AOL's knack for keeping things simple. Buttons and features are clear, and I easily customized the service with my forwarding phone numbers and contacts.

AOL Disconnects
On the downside, I was disappointed that the slick AOL experience is chained to the AOL client software. At least for now, AOL says, AOL client software is required for accessing advanced communication features and for customizing the VoIP service. AOL says that this will change later this year when the company rolls out an update to its stand-alone AIM client, which will include VoIP features. When that happens, you'll able to access AOL's full set of features through standard browsers.

In the meantime, a limited number of features are available through Firefox, Internet Explorer, or Netscape. In my tests, browser-based access to the AOL Internet Phone Service Dashboard didn't offer Call Alert features or access to tools for easily listening to voice mail. To pick up voice mail, I had to access the Web-based AOL e-mail service.

Bottom Line
Because AOL Internet Phone Service is so closely intertwined with AOL and AIM, it will initially appeal primarily to AOL users. Until the service is opened up to nonsubscribers, you'll have to become a paying member to get the most out of its VoIP service.

Other drawbacks relate to the nature of VoIP itself. Like all other current consumer VoIP offerings, the phone service is only as reliable as your high-speed Internet connection. When your cable modem fails, so does your VoIP phone.

Traffic on AOL's network may also affect the quality of AOL's phone service. I can't vouch for the real-world quality of AOL's voice service because I used it at a time when only beta testers were on board. Only under the stress of normal use--with thousands of users making calls at the same time--will you be able to gauge the true reliability of AOL's VoIP service.

While VoIP technology is not new, AOL's new service does bring ease of use and some clever technology to the table. The only problem is that you'll have to pay a little extra for it.