Core Viewpoint - Viavi Solutions reported strong first-quarter fiscal 2026 results, with both revenue and earnings exceeding expectations, driven by growth in key segments despite macroeconomic challenges [3][6][12]. Financial Performance - Viavi recorded a net loss of $21.4 million or 10 cents per share on a GAAP basis, compared to a net loss of $1.8 million or 1 cent per share in the same quarter last year, indicating a significant deterioration in net income [4]. - Non-GAAP net income rose to $33.1 million or 15 cents per share, up from $12.4 million or 6 cents per share year-over-year, surpassing the Zacks Consensus Estimate by 2 cents [5]. - Quarterly revenues reached $299.1 million, reflecting a 25.6% year-over-year increase, and exceeded the consensus estimate of $294 million [6]. Segment Performance - The Network and Service Enablement (NSE) segment generated net sales of $216 million, a 35.5% increase from $159.4 million in the prior year, driven by strong demand for fiber lab and production products [7]. - Optical Security and Performance Products (OSP) revenues increased to $83.1 million from $78.8 million, primarily due to demand for anti-counterfeiting products [7]. - Revenue contributions from different regions included $128.8 million from the Americas, $92.1 million from Asia-Pacific, and $78.2 million from EMEA, showing growth across all regions [8]. Margins and Cash Flow - Non-GAAP gross margin improved to 60%, up 90 basis points year-over-year, with the NSE segment achieving a gross margin of 63% [9]. - Total non-GAAP operating margin increased by 570 basis points to 15.7%, while the NSE segment's operating margin rose significantly [10]. - Viavi generated $31 million in cash from operating activities, with a free cash flow of $22.5 million, and held $543.8 million in cash and cash equivalents as of September 27, 2025 [11]. Future Outlook - For the second quarter of fiscal 2026, management anticipates revenues between $360 million and $370 million, with non-GAAP earnings per share expected to be between 18 cents and 20 cents [12]. - The NSE segment is projected to generate revenues between $283 million and $293 million, while the OSP segment is expected to contribute approximately $77 million [12]. - Estimates for the stock have been trending upward, with a consensus estimate shift of 51.85%, indicating positive investor sentiment [13][15].

Core Viewpoint - Investment bank Needham raised the target price for telecom equipment company Lumentum (LITE.US) from $235 to $290, citing strong demand for lasers and reaffirming a "buy" rating, as Lumentum is becoming a key supplier in the AI optics race [1] Group 1: Company Performance - Lumentum's aggressive capacity expansion investments are expected to maintain its position as the largest commercial laser supplier in the cloud industry [1] - The company faces a global shortage of indium phosphide, electro-absorption modulated lasers, and continuous wave products, with the supply-demand gap in 2026 projected to be larger than in 2025 [1] - Lumentum's capacity is versatile, allowing it to adapt easily to EML or silicon photonic transceiver designs, which are gaining market share from VCSEL designs [1] Group 2: Market Outlook - In the data communication business, EML chip production for the global transceiver market is currently capacity-constrained, a situation expected to persist until the end of 2025 [1] - The high-speed transceiver market is forecasted to maintain a compound annual growth rate of over 30% from 2023 to 2028 [1] - Lumentum has begun shipping its acquired Cloud Light transceiver products to all three major hyperscale customers and plans to integrate its internal continuous wave lasers [1] Group 3: Financial Expectations - Lumentum is expected to deliver improved performance in revenue, margins, earnings, and cash flow as its main business segments stabilize, which should lead to a continued rise in its stock price [1]

Nokia unveiled a new strategy on Wednesday focused on artificial intelligence, as the Finnish telecoms equipment maker strives to simplify its business and boost annual core profit by as much as 60% o... ...

By Gianluca Lo Nostro (Reuters) -Nokia unveiled a new strategy on Wednesday focused on artificial intelligence, as it strives to simplify its business and boost ​annual core profit by as much as 60% over the next three years. Beginning ‌in 2026, the Finnish telecoms equipment maker intends to reorganize into two primary businesses: network infrastructure, dedicated to ‌AI and data centres, and mobile infrastructure, focused on core telecoms activities. The company is now targeting annual comparable oper ...

Core Viewpoint - Ondas has made a significant acquisition of Israeli company sentrycs, which is expected to enhance its business fundamentals and market position, leading to a notable increase in its stock price by over 25% [1][2]. Group 1: Acquisition Details - Ondas completed the acquisition of sentrycs, a counter-unmanned aerial systems (CUAS) company, which was initially announced two weeks prior [2]. - The technology developed by sentrycs allows for tagging, tracking, and controlling unauthorized drones without disrupting nearby communications networks [3]. Group 2: Strategic Integration - Ondas plans to integrate sentrycs' capabilities into its system-of-systems platform, positioning the company to meet the growing global demand for layered CUAS infrastructure, especially in urban areas, airports, borders, and strategic national facilities [4]. - The integration is seen as a response to the increasing need for safe and low-collateral solutions in various critical environments [4]. Group 3: Market Context - Recent global conflicts, particularly the Ukraine war, have highlighted the importance of drones in military applications and the necessity for robust CUAS capabilities in the defense sector [6]. - The acquisition is perceived as a strategic move to enhance Ondas' business and capitalize on the rising demand for drone defense technologies [6].

NEW DELHI: "We are seeing significant interest and traction for our 4G and Advt "We have recently concluded a PoC with a leading network operator in a South Asian country, which is likely to convert to a commercial deployment in the near future," the top executive added.However, the domestic company is already supplying telecom gear to Bhutan Telecom.Success in India, according to him, would serve as a credible reference in the emerging markets of Africa, South-East Asia, Latin America, and the South ...

Financial Data and Key Metrics Changes - RADCOM achieved record revenue of $18.4 million for Q3 2025, representing a 16.2% year-over-year growth with continued profitability and expanding profit margins [6][19] - Non-GAAP operating income reached $3.8 million, which is 20.9% of revenue, marking the highest since 2017 [6][21] - The company generated a positive cash flow of $5.1 million, ending the quarter with a cash balance of $106.7 million and no debt [7][22] Business Line Data and Key Metrics Changes - The company is deepening deployments with existing customers while developing new opportunities, particularly in 5G standalone networks and AI operations [5][8] - RADCOM's high-capacity user analytics solution, powered by NVIDIA, is currently in field trials and is expected to materialize in 2026 [25] Market Data and Key Metrics Changes - The telecom market is experiencing strong and durable tailwinds, with operators increasing investments in AI-native networks to enhance customer experiences and operational efficiency [7][8] - There is a clear industry shift towards cloud-native platforms leveraging AI, particularly in Europe and other regions [12][13] Company Strategy and Development Direction - RADCOM is focusing on converting a strong pipeline into revenue, deepening strategic partnerships, and investing in AI and automation to maintain leadership [16] - The company is enhancing its technology leadership through partnerships with NVIDIA and ServiceNow, which are expected to contribute initial revenue in 2026 [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving double-digit growth for 2026, supported by new opportunities in the market and ongoing customer transformations [32] - The company anticipates sustained investment across its customer base, driven by improving capital conditions [16] Other Important Information - The company announced a leadership transition, with Hadar Rahav leaving and Hod Kohen joining as the new CFO [17] - RADCOM's agentic AI solution received recognition, winning the Best AI/ML Innovation Award at the Global Connectivity Award [15] Q&A Session Summary Question: Early feedback on the high-capacity user analytics solution - Management is excited about the performance seen in field trials and expects materialization in 2026 [25] Question: Trends in expansion with existing customers - There is a solid pipeline building up, with expectations for double-digit growth and more opportunities in 2026 [28] Question: Visibility into next year and major renewals - Management is confident in maintaining double-digit growth, with new opportunities arising from cloud-native and 5G transformations [32] Question: Earnings leverage and spending plans for next year - Plans include increased spending on sales and marketing, as well as R&D [33] Question: 5G Core deployments in various geographies - There is good momentum in 5G Core deployments across the U.S., Europe, and parts of Asia, driving customer excitement [34]

Group 1: Celestica (CLS.US) - Citigroup upgraded Celestica's rating from "Hold" to "Buy" with a target price of $375 [1] - Analyst Atif Malik forecasts a 75% increase in capital expenditure from five major companies, including Oracle, in 2025, followed by a 40% increase in 2026 [1] - Expected growth for Celestica's communication business is projected at 77% in 2025 and 41% in 2026, with EPS estimates raised by 5% and 22% for the fiscal years 2025 and 2026 respectively [1] - Celestica operates two main divisions: Advanced Technology Solutions (ATS) and Connectivity and Cloud Solutions (CCS), with most revenue coming from the CCS division [1] Group 2: Ciena (CIEN.US) - Citigroup raised Ciena's target price significantly from $141 to $230 [2] - Ciena's data center business is experiencing strong growth momentum following Verizon's announcement to connect to Amazon's cloud service data centers [2] - Ciena specializes in optical transmission technology, serving a diverse range of clients including telecom service providers, network scale providers, cable operators, government entities, and large enterprises [2]

The upcoming report from M/A-Com (MTSI) is expected to reveal quarterly earnings of $0.93 per share, indicating an increase of 27.4% compared to the year-ago period. Analysts forecast revenues of $260.13 million, representing an increase of 29.6% year over year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnin ...

Group 1 - Viavi Solutions Inc. experienced a significant stock price increase of 28.7% week-on-week, driven by positive investor sentiment and a bullish business outlook [1][2] - The company anticipates strong ongoing demand for its data center ecosystem and aerospace and defense technologies [1][3] - In the first quarter of fiscal year 2026, Viavi Solutions reported a revenue increase of 25% to $299.1 million compared to $238.2 million in the same period last year, although net loss expanded by 1,089% to $21.4 million from $1.8 million year-on-year [3] Group 2 - For the second quarter of the fiscal period, Viavi Solutions targets revenues between $360 million and $370 million [3] - Investment firm Stifel raised its price target for Viavi Solutions to $18 from $15 while maintaining a "buy" recommendation [4]