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Adva Q3 revenues, profit still within guidance, despite negative effects from US trade policy

Thursday 24 October 2019 | 10:32 CET | News
Adva Optical Networking reported third quarter in line with expectations but said it suffered from the US trade policy. As a result, the company said it took a number of measures, relocating its production from China and tightening control over operation costs. CFO Uli Dopfer said the moves led to one-time costs but that they should help the company's profitability.

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Categories: Fixed
Companies: Adva
Countries: World
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