0
Broadband

Adva sees higher revenues for next quarter, as Q3 revenues, profit fall

Thursday 26 October 2017 | 10:21 CET | News
Adva Optical Networking said revenues for its third quarter fell to EUR 111.2 million from 159.5 million the year before. The figure was in line with the company's recently given guidance, revised down from the one given during the second quarter to reflect the acquisition of MRV and weaker than expected orders. The pro forma operating result slid to EUR 0.8 million from a gain the year of 8.3 million. The figure does not include one-off restructuring costs of EUR 8.4 million, spent on the integration of MRV and related restructuring measures, as well as on the consolidation of product

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Adva Optical Networking / MRV Communications
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Adva launches ConnectGuard Cloud encryption software

Published 15 May 2018 15:19 CET | World
Adva Optical Networking has launched ConnectGuard Cloud, a software that delivers virtualized encryption in hybrid and ...

Adva Optical Networking meets Q1 guidance, says turnaround on track

Published 26 Apr 2018 10:40 CET | World
Adva Optical Networking reported revenues of EUR 117.2 million for the first quarter, down 15 percent from a year earlier but up ...

Austria's Verbund upgrades infrastructure with Adva FSP 3000

Published 29 Mar 2018 12:15 CET | Austria
Adva has announced that Austrian hydropower energy producer Verbund is deploying Adva's FSP 3000 to enhance its renewable energy ...

Adva says well poised for 2018 as Q4 revenues, revenues decline

Published 22 Feb 2018 12:37 CET | World
For the full year, revenues declined 9 percent to EUR 514.5 million while the pro forma operating profit slipped 16.6 percent to ...

Hetzner upgrades network to 400 Gbps with Adva DCI

Published 21 Nov 2017 11:56 CET | Germany
German web hosting provider Hetzner Online is now deploying Adva Optical Networking's FSP 3000 CloudConnect together with its ...

Telefonica Germany, ADVA reach 200Gbps connectivity in joint field trial

Published 28 Sep 2017 09:50 CET | Germany
ADVA Optical Networking announced the successful completion of a joint field trial of its FSP 3000 CloudConnect and OpenFabric ...

FibreCo selects ADVA optical networking for connectivity services

Published 08 Sep 2017 14:54 CET | South Africa
South African operator FibreCo has selected ADVA Optical Networking to support its deployment of high bandwidth services ...

Adva lowers revenue, profit guidance for Q3

Published 29 Aug 2017 13:34 CET | World
Adva has lowered its guidance for the third quarter to reflect its acquisition of MRV. It now sees revenues at USD 110-125 ...

Adva revenues fall 8% in Q2 to EUR 144 mln

Published 20 Jul 2017 10:54 CET | World
Adva Optical Networking reported revenues for second quarter to 30 June decrease 8.3 percent to EUR 144.2 million, which is ...





Calendar   /   Industry Events

25 Jan Edgeware EGM
25 Jan The Things Conference 2021
26 Jan Verizon Communications Q4 2020
26 Jan F5 Networks fiscal Q1
26 Jan Microsoft fiscal Q2
26 Jan Meetup MENA
27 Jan KPN Q4 2020
27 Jan Extreme Networks fiscal Q2
27 Jan MediaTek Q4 2020
27 Jan Calix Q4 2020
27 Jan Facebook Q4 2020
27 Jan AT&T Q4 2020
27 Jan Corning Q4 2020
27 Jan Uptime
28 Jan Crown Castle Q4 2020
28 Jan Rogers Communications Q4 2020
28 Jan Juniper Networks Q4 2020
28 Jan Comcast Q4 2020
28 Jan Samsung Electronics Q4 2020
28 Jan Skyworks fiscal Q1
28 Jan 8x8 fiscal Q3
29 Jan Charter Communications Q4 2020
29 Jan Telia Q4 2020
29 Jan Ericsson Q4 2020
29 Jan NEC fiscal Q3
::: More Calendar Items