JDSU (NASDAQ: JDSU) (TSX: JDU) reported results for its second fiscal quarter pf 2012 ended December 31, 2011 that management said exceeded its expectations. But that doesn’t mean they...
Tellabs Inc. (NASDAQ: TLAB) has initiated a restructuring that will see the company concentrate its efforts on mobile backhaul and packet optical transport systems. "In a climate of economic...
As it had previously announced (see "Oclaro to beat guidance as it beats Thailand flooding"), Oclaro, Inc. (NASDAQ: OCLR) reported January 26 that it earned $86.5 million in revenue for...
Oclaro Inc. (NASDAQ: OCLR) says that it has made significant progress in its efforts to circumvent the effects of the Thailand flooding on its production capabilities. It also says that preliminary...
Ciena Corp. (NASDAQ: CIEN) ended an up-and-down fiscal 2011 on the up side in terms of revenue, reporting $455.5 million for the fiscal fourth quarter that ended October 31. The figure marked a...
In a market niche looking for good news, Finisar Corp. (NASDAQ: FNSR) provided some when it reported yesterday that revenues for the second quarter of fiscal 2012 rose sequentially 5.8%. However,...
Faced with four straight quarters of revenue decline and the expectation of at least one more, Oclaro (NASDAQ:OCLR) has announced a plan to reduce its fixed infrastructure costs. The plan, which...
Let down by Huawei, its largest customer, NeoPhotonics Corp. (NYSE: NPTN) reported a 16% sequential decrease in revenue during its third quarter, which ended September 30, 2011. The $44 million the...
JDSU (NASDAQ: JDSU) (TSX: JDU) expects to take a hit of $35-$45 million on a non-GAAP basis in the current quarter ending December 31 due to the effects of flooding in Thailand at...
Led by its wireless operations, as well as growth in FiOS and s strategic business services, Verizon Communications Inc. (NYSE, NASDAQ: VZ) executives reviewed the company’s third quarter...