Group 1: Earnings Performance - Ciena reported quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.52 per share, but showing an increase from $0.27 per share a year ago, representing an earnings surprise of -19.23% [1] - The company posted revenues of $1.13 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 2.78%, compared to year-ago revenues of $910.83 million [2] - Over the last four quarters, Ciena has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - Ciena shares have lost about 1.1% since the beginning of the year, while the S&P 500 has gained 1.5% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for stock performance [4] - The current consensus EPS estimate for the coming quarter is $0.60 on $1.11 billion in revenues, and $2.50 on $4.44 billion in revenues for the current fiscal year [7] Group 3: Industry Context - The Communication - Components industry, to which Ciena belongs, is currently in the bottom 43% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [5]

Company Performance - Ooma reported quarterly earnings of $0.20 per share, exceeding the Zacks Consensus Estimate of $0.18 per share, and up from $0.14 per share a year ago, representing an earnings surprise of 11.11% [1] - The company posted revenues of $65.03 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 0.32%, and an increase from $62.5 million year-over-year [2] - Ooma has consistently surpassed consensus EPS estimates over the last four quarters [2] Future Outlook - The sustainability of Ooma's stock price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] - Current consensus EPS estimate for the upcoming quarter is $0.18 on revenues of $66.09 million, and for the current fiscal year, it is $0.78 on revenues of $267.67 million [7] - The estimate revisions trend for Ooma is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Communication - Components industry, to which Ooma belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry outlook can significantly affect stock performance [5][8]

The Zacks Communication - Components industry appears mired in raw material price volatility due to elevated inventory levels amid a challenging macroeconomic environment, uncertain market conditions and geopolitical conflicts. Moreover, high capital expenditure for infrastructure upgrades for 5G deployment, inflated equipment costs, supply chain adversities albeit at diminishing pace and margin erosion have dented the industry’s profitability.Nevertheless, Harmonic Inc. (HLIT) , Ooma, Inc. (OOMA) and Audio ...

Group 1: Earnings Performance - Altice USA reported a quarterly loss of $0.16 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.09, and compared to a loss of $0.05 per share a year ago, indicating an earnings surprise of -77.78% [1] - The company posted revenues of $2.15 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.48%, and down from $2.25 billion in the same quarter last year [2] - Over the last four quarters, Altice USA has not surpassed consensus EPS estimates and has consistently missed revenue estimates [2] Group 2: Stock Performance and Outlook - Altice USA shares have increased by about 10% since the beginning of the year, contrasting with a -4.3% decline in the S&P 500 [3] - The company's earnings outlook is critical for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the upcoming quarter is -$0.08 on revenues of $2.15 billion, and -$0.30 on revenues of $8.57 billion for the current fiscal year [7] Group 3: Industry Context - The Communication - Components industry, to which Altice USA belongs, is currently ranked in the bottom 17% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Altice USA's stock performance [5] - The unfavorable trend in estimate revisions has resulted in a Zacks Rank 5 (Strong Sell) for Altice USA, suggesting expected underperformance in the near future [6]

Company Performance - Airgain reported a quarterly loss of $0.11 per share, which aligns with the Zacks Consensus Estimate, compared to a loss of $0.08 per share a year ago [1] - The company posted revenues of $12.01 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.72%, and down from $14.23 million year-over-year [2] - Over the last four quarters, Airgain has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2][3] Stock Movement and Outlook - Airgain shares have declined approximately 43.3% since the beginning of the year, contrasting with the S&P 500's decline of 4.7% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at -$0.06 for the coming quarter and -$0.05 for the current fiscal year [4][7] - The estimate revisions trend for Airgain is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Communication - Components industry, to which Airgain belongs, is currently ranked in the bottom 17% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Airgain's stock performance [5]

Core Viewpoint - AudioCodes reported quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.18 per share, representing a -16.67% earnings surprise [1] - The company posted revenues of $60.37 million for the quarter, slightly surpassing the Zacks Consensus Estimate by 0.11% [2] Financial Performance - Earnings for the same quarter last year were $0.17 per share, indicating a year-over-year decline [1] - Over the last four quarters, AudioCodes has surpassed consensus EPS estimates only once [2] - The company has topped consensus revenue estimates three times over the last four quarters [2] Stock Performance - AudioCodes shares have declined approximately 4.7% since the beginning of the year, compared to a -3.9% decline in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - Current consensus EPS estimate for the upcoming quarter is $0.21 on revenues of $62.47 million, and for the current fiscal year, it is $0.83 on revenues of $250 million [7] - The outlook for the Communication - Components industry is currently in the bottom 16% of Zacks industries, which may impact stock performance [8]

Company Performance - Viav Solutions reported quarterly earnings of $0.15 per share, exceeding the Zacks Consensus Estimate of $0.12 per share, and showing an increase from $0.06 per share a year ago, representing an earnings surprise of 25% [1] - The company posted revenues of $284.8 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.96%, and up from $246 million in the same quarter last year [2] - Over the last four quarters, Viav Solutions has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Market Comparison - Viav Solutions shares have increased approximately 4.8% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.13 on revenues of $295.3 million, and for the current fiscal year, it is $0.44 on revenues of $1.09 billion [7] - The estimate revisions trend for Viav Solutions is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Communication - Components industry, to which Viav Solutions belongs, is currently ranked in the bottom 36% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Another company in the same industry, Ooma, is expected to report quarterly earnings of $0.18 per share, reflecting a year-over-year change of +28.6% [9]

Group 1: Earnings Performance - Corning reported quarterly earnings of $0.54 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, and up from $0.38 per share a year ago, representing an earnings surprise of 8% [1] - The company posted revenues of $3.68 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.87%, compared to revenues of $3.26 billion a year ago [2] - Over the last four quarters, Corning has consistently surpassed consensus EPS and revenue estimates [2] Group 2: Stock Performance and Outlook - Corning shares have declined approximately 7.2% since the beginning of the year, while the S&P 500 has decreased by 6% [3] - The future performance of Corning's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $0.57 on revenues of $3.76 billion, and for the current fiscal year, it is $2.33 on revenues of $15.45 billion [7] Group 3: Industry Context - The Communication - Components industry, to which Corning belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Corning's stock performance [5]