What do you know -- IPOs!

And the stocks are still trading higher than their asking prices! A sign of the apocalypse -- or that the optical communications space has finally shed its leper's status in the financial world?

Aug 21st, 2009

And the stocks are still trading higher than their asking prices! A sign of the apocalypse -- or that the optical communications space has finally shed its leper's status in the financial world?

More in Earnings Statements

NeoPhotonics tweaks guidance ahead of 4Q18 results announcement

NeoPhotonics Corp. (NYSE: NPTN) said today it expects results from the final quarter of its 2018 fiscal year to end up at the upper range of its guidance – at least for most performance measures. The company made the prediction as it preannounced certain charges and asset sales that will be discussed when the company reports results for the quarter. NeoPhotonics has not yet revealed a reporting date for those results.

Lumentum reveals bad news for 2Q19

Lumentum Holdings Inc. (NASDAQ:LITE) November 12 reduced its guidance for second quarter 2019 less than two weeks after reporting first quarter results. The company now believes it will report revenues of $335 million to $355 million rather than the $405 million to $430 million it said November 1 it was expecting for the quarter. Non-GAAP operating margin and diluted net income per share also are expected to shrink. Lumentum management cited reduced orders from a major customer that they didn’t name

Pilot to deploy Telia Carrier’s IP Transit services across the northeastern U.S.

Telia Carrier, Inc. said internet provider Pilot has chosen to deploy its IP Transit services across the northeastern U.S. to enable regional infrastructure expansion and support backbone traffic. For the past two years, Pilot has used Telia Carrier to deliver services to over 1,250 businesses and 75,000 end users.

Telia Company agrees to transfer Kaztranscom interests to Amun Services

Telia Company says it has reached an agreement to transfer its interests in Kaztranscom to Amun Services. The transaction supports Telia's strategy to focus on the Nordics and Baltics. Details of the transaction's financial terms were not disclosed.

Oclaro: Out with QSFP28 CWDM4, in with coherent DCO, 400G modules

Greg Doherty, CEO at Oclaro Inc. (NASDAQ:OCLR), revealed on a analyst call yesterday to review the company's most recent quarterly results that he's decided to forego further development of 100G QSFP28 CWDM4 optical transceivers. Instead, Oclaro will focus its module work on development of digital coherent optics (DCO) and PAM4-enabled QSFP56-DD 400 Gigabit Ethernet devices, both of which should be on display at OFC 2018 in San Diego next month.

Ciena enhances GeoMesh Extreme submarine cable technology

Ciena says it is unveiling enhancements to its GeoMesh Extreme submarine cable technology, enabling submarine cable operators to meet the increasing bandwidth demand that video-centric streaming, virtual reality, the Internet of Things (IoT), 5G, and other future applications are creating.

Cross River Fiber’s fiber-optic route to NJFX Tier 3 colocation campus offers NY and NJ carrier connection

Cross River Fiber, which offers fiber-optic network and telecommunications services in metro New York/New Jersey, says it has completed its fiber-optic route to the New Jersey Fiber Exchange (NJFX) Tier 3 colocation campus in Wall Township, NJ. The fiber network offers interconnection between the NJFX campus and major financial exchanges and carrier hotels in the New York/New Jersey metro area.

Mellanox ends 1550-nm silicon photonics work

Mellanox Technologies, Ltd. (NASDAQ: MLNX) says it has ceased research on 1550-nm silicon photonics. Approximately 100 employees will lose their jobs as a result.

Liberty Latin America’s split-off from Liberty Global finalized

Liberty Latin America Ltd. (NASDAQ: LILA and LILAK, OTC Link: LILAB) said it has finalized its previously announced split-off from Liberty Global and its launch as an independent, publicly traded company. Liberty Latin America Class A and Class C common shares are now trading on the NASDAQ global select market under NASDAQ: LILA and NASDAQ: LILAK, and the Class B common shares are quoted on the OTC Markets under LILAB following the split-off's completion.

Colt improves latency between Tokyo and London financial centers

Colt says it has improved the latency on its routes between Tokyo and London financial centers to less than 159 milliseconds as part of its continued investment in the Colt IQ Network, addressing the specific requirements of financial firms and enterprises. Reducing latency will advance trading strategies that rely on low latency infrastructure to support investment banks, high-frequency trading (HFT) firms, FX related applications, and other financial organizations, the fiber-optic network service

Nokia: We're not buying Juniper Networks

Infinera plans restructuring

NeoPhotonics blames slow China demand for upcoming layoffs

Seaborn Networks, Aqua Comms join for submarine network connection between South America and Europe