It has been whispered for the last couple weeks that an increase in capital expenditures (CAPEX) for future benefits from large tech and telecom related companies would benefit telecom equipment and other optical component companies. However, markets have been slow to react as the companies set to benefit have yet to raise guidance or announce earnings. But on Thursday we got our first hint of what’s to come when more »
When different players in the same industry sing different tunes, it becomes a bit easier to separate the leader from the laggards.
Last month, optical networker JDS Uniphase (NASDAQ: JDSU) said that it is seeing an improvement in its market share in the fiber optics market and carried a healthy book-to-bill ratio of more than 1. This implied that the other two companies in the sector, Oclaro (NASDAQ: OCLR) and more »
2012 hasn’t been a very good year for optical networkers as telecom companies have kept their wallets on a tight leash owing to economic headwinds. Stocks of fiber optics companies such as Finisar (NASDAQ: FNSR) and Oclaro (NASDAQ: OCLR) are down in the red so far. Oclaro’s recently reported quarter missed the Street’s bottom line expectations while revenue contracted.
The light in the tunnel
Under such conditions more »