Financial Data and Key Metrics Changes - Total revenues for Q1 2026 were $107.3 million, an increase of 21.4% compared to $88.4 million in Q1 2025 [5][12] - Non-GAAP gross margin was 33.8%, up from 23.2% in the prior year [12][13] - Adjusted EBITDA for the quarter was $9.1 million, an increase of $16.8 million year-over-year [15] - Non-GAAP EPS was $0.43, significantly up from a loss of $1.30 in the year-ago period [14][15] Business Line Data and Key Metrics Changes - Private networks remain a core focus, with significant project bookings in public safety and utility networks [5][6] - The utility vertical saw a large multi-state network modernization project worth approximately $8 million [6] - The introduction of the Apriza LTE/5G router solution for public safety vehicles marks a significant expansion in offerings [7][9] Market Data and Key Metrics Changes - North America accounted for 49.1% of total revenues, with $52.6 million, a 24.7% increase from the previous year [12] - International revenues were $54.7 million, an 18.3% increase driven by mobile network operator business and growing private network demand [12][13] - The global cellular router and gateway market is projected to grow at a 12% annual rate, reaching $2.8 billion by 2028 [7][8] Company Strategy and Development Direction - The company aims to capture additional market share in private networks and mobile networks [16] - The strategy includes leveraging the technology acquired from the 4RF acquisition to enhance product offerings [9][22] - The company maintains its fiscal 2026 revenue guidance of $440-$460 million and Adjusted EBITDA guidance of $45-$55 million [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the fiscal 2026 setup, particularly in U.S. public safety and private networks [11][19] - The impact of the U.S. federal government shutdown is expected to be minimal, with some revenues potentially pushed to Q3 [10][19] - There is optimism regarding the BEAD program, with expectations for growth in fixed wireless access [48][50] Other Important Information - The company has over $450 million in net operating losses, which will minimize cash tax payments for the foreseeable future [14] - Cash and marketable securities at the end of Q1 were $64.8 million, with outstanding debt of $106.5 million [15] Q&A Session Summary Question: Sequential outlook for December quarter - Management noted strong expectations from U.S. public safety, but remained cautious due to the early fiscal year and potential government shutdown impacts [19] Question: Growth potential from 4RF and MDU opportunities - Management highlighted significant synergy from the 4RF acquisition and expressed confidence in the MDU market's growth potential [21][22] Question: Performance in India - India contributed mid-single-digit revenue percentages, with expectations for a potential upgrade cycle impacting future growth [26][27] Question: Gross margin expectations for fiscal 2026 - Management indicated potential for gross margin growth by a percentage point or two throughout the year [28] Question: Competitive landscape for Apriza router - The mobile cellular router market is valued at $2.8 billion, with management identifying a significant opportunity for growth [33][34] Question: Impact of federal government shutdown - Management estimated a worst-case scenario of 1% pull-in and 4%-5% push-out of revenues due to the shutdown [36] Question: Update on BEAD program - Management expressed growing optimism regarding BEAD funding and its potential impact on revenue growth [48][50]

MINNEAPOLIS, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that it will release results for the fourth quarter of fiscal 2025, ended September 30, 2025, on Tuesday, November 25, 2025, before the market open. The company will host a conference call at 8:30 a.m. Eastern time (7:30 a.m. Central time) to discuss its financial results with the investment community. Financial results will be available on the Investor Relati ...

Financial Performance & Guidance - Aviat Networks' LTM (Last Twelve Months) revenue is $453 million[7] - Q1 Fiscal Year 2026 revenue reached $107.3 million, a 21.4% increase compared to the same period last year[59, 62] - The company's Q1 Fiscal Year 2026 adjusted EBITDA was $9.1 million[59] - Aviat Networks anticipates revenue between $440 million and $460 million, and adjusted EBITDA between $45 million and $55 million for Fiscal Year 2026[62] Market & Product Portfolio - Aviat Networks operates in a total addressable market (TAM) of $11 billion[16] - The company's private LTE/5G market is projected to reach $8 billion by 2027[38] - Aviat estimates the USA rural broadband segment to be a ~$420 million TAM[49] - The global 5G transport market is projected to be $2.1 billion in CY2024[42] Market Dynamics - Mobile network data traffic is expected to grow at a 26% CAGR through 2028[38, 46] - Aviat Networks holds approximately 35% of the wireless transport share of demand for North American ISPs[48]

Core Insights - Keysight and MediaTek are collaborating to enhance pre-6G integrated sensing and communication technology, which aims to improve 6G network performance [1] Company Collaboration - The partnership between Keysight and MediaTek focuses on advancing the capabilities of 6G networks through integrated sensing and communication technology [1]

Financial Performance - Total revenues reached $61.5 million, a 2.2% year-over-year increase compared to $60.2 million in 3Q'24 [8] - Non-GAAP gross margin was 65.8%, slightly up from 65.6% in 3Q'24 [8] - Non-GAAP operating margin stood at 9.5%, compared to 11.7% in 3Q'24 [8] - Non-GAAP EBITDA margin was 11.2%, down from 13.1% in 3Q'24 [8] - Non-GAAP EPS was $0.17, a slight increase from $0.16 in 3Q'24 [8] - The company's Live ARR increased by approximately 25% year-over-year [10] Business Segment Performance - Customer Experience (CX) business experienced a 13% year-over-year increase [10] - Conversational AI business saw a significant 50% year-over-year increase [10] - Microsoft Teams business decreased by 1.4% year-over-year, but increased 4% for the first nine months of 2025 [10] Additional Financial Data - Non-GAAP net income was $4.882 million for the three months ended September 30, 2025, compared to $5.681 million for the same period in 2024 [27]

Financial Performance - Q3 2025 - Revenue reached $279.4 million, a 5% increase quarter-over-quarter and a 23% increase year-over-year[47, 50] - Non-GAAP gross margin was 42.1%, up 95 bps year-over-year[47, 50] - Non-GAAP operating margin was 5.4%, exceeding the midpoint of the prior outlook[47, 50] - Non-GAAP EPS was $0.05, improved from a loss of $0.07 year-over-year[47, 50] - Free cash outflow was $5 million in Q3 2025[70] Revenue Breakdown - Q3 2025 - Optical Networking Solutions accounted for 37% of revenue[52, 53] - Subscriber Solutions accounted for 36% of revenue[52, 53] - Access & Aggregation accounted for 27% of revenue[52, 53] - US revenue was 43% of total revenue, while non-US revenue was 57%[63] - Large service providers contributed 39% of revenue, regional service providers 42%, and enterprise/ICPs 19%[64] Q4 2025 Outlook - Revenue is projected to be between $275 million and $285 million[73] - Non-GAAP operating margin is expected to be between +3.5% and +7.5%[73]

Nokia CorporationStock Exchange Release4 November 2025 at 08:00 EETNokia announces intention to seek a delisting from Paris Stock Exchange Espoo, Finland — The Board of Directors of Nokia Corporation (“Nokia”) has resolved on submitting an application for the delisting of its shares (ISIN: FI0009000681) from the regulated market of Euronext in Paris (“Euronext Paris”). The decision by Nokia to submit the delisting application was taken following a review of the trading volumes, costs and administrative req ...

Core Viewpoint - The integration of artificial intelligence (AI) and wireless communication is accelerating the evolution of next-generation network technologies, particularly with the collaboration between NVIDIA and Nokia to launch the NVIDIA ARC platform aimed at 6G [1] Group 1: AI and 6G Development - NVIDIA and Nokia's partnership focuses on creating an AI-native wireless communication system that leverages NVIDIA's GPU capabilities and Nokia's expertise in wireless communication [1] - The AI-RAN system is expected to revolutionize network performance and efficiency for mobile operators, enhancing existing AI applications while paving the way for future 6G services [1][2] - The concept of "AI Native" is central to 6G, transforming networks from mere connectivity providers to intelligent infrastructures capable of decision-making [2] Group 2: Technological Advancements and Challenges - 6G is anticipated to surpass 5G in transformative potential, with applications extending from consumer-level "Internet of Everything" to "Intelligent Internet of Everything" that deeply impacts the physical world [3] - Key revolutionary features of 6G include the integration of sensing, computing, and communication, enabling applications like vehicle-road collaboration and environmental monitoring [3] - Significant challenges remain, including breakthroughs in core technologies such as terahertz communication and the need for substantial capital investment for network construction [3][4] Group 3: Global Competition and Standardization - The collaboration between NVIDIA and Nokia is seen as a strategic move to secure a position in the upcoming 6G standardization process, with the EU and Japan also focusing on their respective 6G initiatives [4] - China is leveraging its 5G advancements and market size to gain a competitive edge in the global 6G landscape, with the IMT-2030 (6G) promotion group actively driving research and development [4][5] - The establishment of a global consensus on frequency bands for 6G is crucial to avoid increased complexity and costs in the industry [5] Group 4: Industry Initiatives and Future Outlook - Major Chinese telecom operators are actively participating in 6G development, with China Mobile proposing a comprehensive network architecture that emphasizes service-oriented capabilities [6] - Huawei is investing heavily in 6G research, envisioning a network that integrates terrestrial and satellite communications for seamless global connectivity [6] - The global race for 6G is set to define the communication technology landscape for the next decade and significantly influence the future of the digital society [6]

Core Insights - Harmonic Inc. reported third-quarter results for 2025 that exceeded expectations in both revenue and profitability for its Broadband and Video segments [2][4] - The company anticipates increased revenue growth momentum in Broadband for 2026, driven by Unified DOCSIS 4.0 readiness and large customer deployment plans [2] Financial Highlights - Net revenue for Q3 2025 was $142.4 million, a decrease from $195.8 million in Q3 2024 [7] - Net income for Q3 2025 was $2.7 million, down from $21.7 million in the same quarter last year [7] - Adjusted EBITDA for Q3 2025 was $21.9 million, compared to $43.4 million in Q3 2024 [7] - Cash and cash equivalents as of the end of Q3 2025 were $127.4 million, up from $58.2 million a year earlier [7] Segment Performance - Broadband segment revenue for Q3 2025 was $90.5 million, down from $145.3 million in Q3 2024 [7] - Video segment revenue for Q3 2025 was $51.9 million, slightly up from $50.4 million in Q3 2024 [7] - The gross margin for the Broadband segment was 47.3%, down from 48.3% in the prior year, while the Video segment's gross margin was 66.7%, down from 69.0% [7] Business Developments - Harmonic commercially deployed its cOS solution with 142 customers, serving 37.6 million cable modems [7] - The company won six new broadband customers during the quarter, including two fiber customers and one international Tier 1 [7] - Comcast is leveraging Harmonic's fiber-to-the-home solutions, planning to expand to over 1.2 million new locations in 2025 [7] - An expanded partnership with Spectrum (Charter) was announced, focusing on cOS, DOCSIS 4.0 Unified RPDs, and advanced operational tools [7] Future Guidance - For Q4 2025, the company projects total GAAP net revenue between $133 million and $147 million, with a gross margin of approximately 54.5% [5][6] - The anticipated tax rate for Q4 2025 is 45% [5]

Core Insights - Franklin Wireless Corp has launched the JEXtream CG890, a next-generation 5G Fixed Wireless Access (FWA) router aimed at providing reliable, high-speed connectivity for service providers and community-focused organizations [1][2]. Product Features - The CG890 is designed for versatility, catering to cost-conscious consumers, small businesses, nonprofits, and ISPs looking for redundant network solutions [2]. - Key features include Auto Failover, which ensures service continuity during primary network interruptions, and dual 1Gb Ethernet ports that are WAN/LAN switchable [4]. - The device supports CBRS compatibility for flexible deployment and private LTE networks, along with remote management tools for scalable network administration [4]. Market Positioning - The CG890 reflects Franklin Access' commitment to digital inclusion, enabling ISPs and community organizations to provide dependable and secure internet access, thereby bridging the digital divide [2]. - The product is now available through select distribution partners, with plans for broader availability later this quarter [3].