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Infinera Corporation Message Board

  • byronangel byronangel May 3, 2013 2:16 PM Flag

    100G surges

    JDS Uniphase reported fiscal-third-quarter revenue that came in at $405.3 million or about 3% below consensus.

    Optical-communications trends are mixed as 100G surges, legacy declines and other business are flat. Demand for 100G coherent line side components such as modulators, receivers and tunable modules were very strong for JDS Uniphase during the quarter. We believe this strength primarily came from Ciena (CIEN) and Infinera (INFN). Legacy products were down, however, with much of this due to Alcatel-Lucent (ALU) we believe - Michael Genovese, MKM Partners

    Sentiment: Strong Buy

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INFN
9.29+0.15(+1.64%)Jul 22 4:00 PMEDT

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