Financial results Archives - Optical Connections News

News and Business

Ekinops completes acquisition of OTN, announces 2Q trading figures

By Matthew Peach

Ekinops, a supplier of telecommunications solutions for telecom operators, has completed the acquisition of the OTN-Switch (Optical Transport Network) platform developed by Padtec, an optical communications system manufacturer based in Brazil. OTN technology is used to switch data traffic over optical fibres, significantly optimizing network bandwidth utilization. The OTN technology will allow Ekinops to meet […]

News and Business

Adva reports revenues of €133 million for second quarter’s business

By Matthew Peach

Second quarter trading up on previous quarter, but year on year quarter figures tumble. Adva, a provider of open networking solutions for the delivery of cloud and mobile services, has reported mixed financial results for its Q2 2019, which ended on June 30, 2019. Revenues for Q2 2019 increased by 3.9% to €133.2M from […]

News and Business

EXFO reports third quarter results for fiscal 2019

By Matthew Peach

Test, monitoring and analytics systems provider Exfo has reported financial results for its third quarter, which ended May 31, 2019. Sales increased 1.9% to US$73.6 million in Q3, 2019, from US$72.2 million in Q3, 2018. After nine months in fiscal 2019, sales improved by 8.2% year-on-year to US$216.7 million. Astellia contributed nine months to Exfo’s […]

News and Business

Infinera reports first quarter 2019 financial Results

By Matthew Peach

Infinera, a provider of Intelligent Transport Networks, has published financial results for its first quarter of the year, which ended March 30th, 2019. Revenue for the quarter was US$295.6 million compared to US$336.6 million in Q4, 2018, and US$202.7 million in Q1, 2018. Goss margin for the latest quarter was 35.3% compared to 31.8% in […]

News and Business

Ciena reports positive, improved Q3 2018 financial results

By Matthew Peach

Year-on-year revenue growth of 12% reflects “strong execution and another quarter of consistent performance”, says firm. Global photonics and communications company Ciena has announced unaudited financial results for its fiscal third quarter ended July 31, 2018. Gary Smith, president and CEO of Ciena, commeneted, “The combination of continued execution against our strategy and robust, broad-based […]

News and Business

Inphi announces Q4 and full year 2017 financial results

By Matthew Peach

Inphi, a developer of high-speed data interconnects, has just announced financial results for its fourth quarter ended Dec. 31, 2017. Gross margin from continuing operations on a non-GAAP basis in the fourth quarter of 2017 was 70.3%, compared with 73.3% in the fourth quarter of 2016. The decrease was largely due to change in product […]