AOI first quarter GAAP revenue was $40.7 million, compared with $53.0 million in the first quarter of 2023 and $60.5 million in the fourth quarter of 2023. The company expects a recovery in the second quarter and continue to anticipate a markedly improved second half of the year....
Business
Third quarter of fiscal 2024 net revenue was $246.0 million. GAAP net loss was $(24.6) million, or $(0.11) per share. Non-GAAP net income was $13.2 million, or $0.06 per share. VIAVI end markets spend environment continues to be challenging, particularly the service providers and enterprise customer segments....
Critical Communications World 2024 takes place in Dubai from May 14-16, and once again Ericsson will be on hand to present its mission-critical solutions such as Digital Airspace and Smart Grid Monitoring that can support mobile operators and partners in offering high-performing, resilient and secure connectivity to go...
O2 Telefónica in Germany and Nokia announced today the deployment of 5G standalone core software on Amazon Web Services (AWS). The rollout provides O2 Telefónica with ultra-low latency to deliver advanced 5G services, like extended reality and network slicing, which require instant availability and greater bandwid...
Nokia and Vodafone today announced the successful completion of a trial, leveraging Nokia's anyRAN approach in collaboration with partners Arm and Hewlett Packard Enterprise (HPE). The live demonstration, held at Nokia's Open RAN Innovation Center in Dallas, Texas, showcased the completion of an end-to-end Laye...
Fabrinet announced its financial results for its third fiscal quarter endedMarch 29, 2024. Revenue for the third quarter of fiscal year 2024 was $731.5 million, compared to$665.3 million for the third quarter of fiscal year 2023....
ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its unaudited financial results for the first quarter of 2024. ...
NetComm's Subscriber Access portfolio to enhance and accelerate DZS broadband networking and cloud software portfolio, and adds marquee customers across North America, Europe, Australia and New Zealand ...
Net revenue for the fiscal third quarter of 2024 was $366.5 million, with GAAP net loss of $127.0 million, or $1.88 per diluted share. Net revenue for the fiscal second quarter of 2024 was $366.8 million, with GAAP net loss of $99.1 million, or $1.47 per diluted share. Net revenue for the fiscal third quarter of 2023 w...
EKINOPS (Euronext Paris - FR0011466069 – EKI), a leading supplier of optical transport and enterprise connectivity solutions, today announced a distribution partnership with EUVIC to help bring more cost-effective and scalable, high-performance optical transport solutions in Poland. ...
DZS will pay up to $10 million for NetComm, the Australia-based unit of Casa Systems that makes and sells a mix of fixed wireless access, Wi-Fi, fiber extension and enterprise IoT products. ...
New data from Synergy Research Group shows that Q1 enterprise spending on cloud infrastructure services was well over $76 billion worldwide, up $13.5 billion or 21% from the first quarter of 2023....
Optus's lower valuation and weaker outlook weigh on parent Singtel as it announces $2.3 billion in write-downs....
China Telecom's operating revenues amounted to RMB134.5 billion for the first quarter of 2024, representing an increase of 3.7% year-on-year....
ZTE reports revenue of RMB 30.58 billion and net profit of RMB 2.74 billion in Q1 2024, demonstrating stable growth amid challenging market conditions....
China Mobile announces the first quarter report of 2024. During the reporting period, China Mobile's operating revenue reached RMB 263.7 billion, or 5.2% growth year-on-year. Profit attributable to equity shareholders was RMB29.6 billion, an increase of 5.5% year-on-year....
China Mobile Launched The Centralized Procurement of High-end Routers and High-end Switches
China Mobile Launched The Centralized Procurement of High-end Routers and High-end Switches. The total estimated purchase amount is 1.314 billion yuan....
Linktel Technologies reports preliminary first quarter 2024 financial results. ...
Linktel Technologies reports fiscal year 2023 financial results.In 2023, affected by the slowdown in the construction of overseas data centers, domestic access networks and transmission networks, the company's order volume has declined to a certain extent. ...
Eoptolink(SZSE: 300502) is a leading designer and manufacturer of advanced optical transceiver modules and subsystems high-speed communications networks. Eoptolink reported preliminary financial results for the three months ended March 31, 2024. ...