This morning, Ciena reported fiscal third-quarter net income of $60 million, or 39 cents per diluted share. Earnings, adjusted for stock option expense and amortization costs, were 51 cents per share. These results beat expectations by 2 cents. Revenue came in at $728.7 million in the period, also beating forecasts. However, forecasts for the upcoming […]
Cisco announced 2017Q4 results with sales of $12.1B, but representing a 4% YoY decline. Adjusted earnings fell 3% from one year ago to 61 cents per share, which matched analysts’ estimates. You used to be able to bank on Cisco beating earnings by at least a penny a share. Overall, the results underwhelm. Chuck Robbins, […]
Recent financial results from telecom equipment manufacturers hint that an industry downturn may be coming. Huawei and Nokia reported financial results last week. Although both touted their positive achievements, the outlook is looking less rosy for them. Just the week before, Ericsson had both poor results and a negative outlook. The short term prospects for […]
Earlier today, Sweden’s Ericsson’s reported a net loss in the period was 1 billion kronor ($120 million), a marked deterioration from last year’s equivalent of a 1.6 billion-kronor profit. Overall sales slumped 8 percent to 50 billion kronor. Investors were clearly taken off guard. Shares finished down almost 17% on the Nasdaq. Ericsson blamed persistent […]
Cogeco Communications Inc. announced that their Atlantic Broadband subsidiary has agreed to buy all of the cable systems operating under the MetroCast brand from Harron Communications. Cogeco/Atlantic Broadband will pay $1.4 billion for the assets, which will come via a combination of committed secured debt from two banks and a $315 million equity investment by […]
On Saturday, August 12th, 2017, The Rotary Club of Richmond Hill will be holding their fifth annual Craft Beer Tasting Festival to raise funds for charities supported by Rotary. The event will be held at the Richmond Hill Centre for the Performing Arts, so there is VIVA bus service along for those that consume […]
On April 23, I commented that carriers are opening their wallets to help their planned rollouts for 5G Wireless. http://www.truepulse.com/5g-wireless-plans-open-wallets/ This referred to two news items: Verizon purchase of $1 billion in fiber from Corning, and the apparent bidding war between AT&T and Verizon to purchase Straight Path Communications. Well, now we see just how […]
Telecommunication equipment manufacturer Nokia plans to sell its undersea cables unit according to an unconfirmed report by Reuters. The division, valued at about 800 million euros ($870 million), is one of the top suppliers of undersea cable networks in the world and was bought by the telecom equipment maker last year as part its 15.6 […]
There are a lot of different SFP, XFP, and various optical connectors out there. Many of them are really difficult to find – particularly if they have been manufacturing discontinued. TruePulse has a range of units from Nortel, Ciena, Fujitsu, Juniper/BTI among others. Some of the units currently in stock are listed below. Please give […]
You may not associate memory with TruePulse, but we carry a huge range of products, including memory. Anything that looks interesting? Please let us know. MT18HTF12872Y-53EB3 Micron 1GB PC2-4200R-444-12-C0 CL4 18c DDR2-533 1Rx4 1.8V ECC RDIMM 28 MT18HTF12872PY-667D2 Micron 1GB 6 IBM 38L6041 HYS72T128000HP-3S-A 4 HYS72T128000HR-3.7-A QIMONDO 1GB PC2-4200R DDR2 533 ECC REG 1Rx4 (For […]