Shares of Alliance Fiber Optic Products Inc. dropped 7% Wednesday after the company reduced its fourth-quarter revenue estimate to less than $11 million, compared with its earlier forecast of about $11.8 million.
Calix (NYSE: CALX) may have ridden a strong wave of broadband stimulus project wins in recent quarters, but that party might end when they report their Q3 2011 earnings later in October.
The Petaluma, Calif.-based vendor decided to lower its third quar…
KPN’s Eelco Block may still be new to his job as company CEO, but he’s got his work cut out for himself as the Netherland’s largest service provider revealed that it could miss its 2011 financial targets and that it will have to make massive job cuts o…
CenturyLink (NYSE: CTL) may feel confident about closing its merger with Qwest (NYSE: Q) by April 1, but in the near-term, the service provider’s Q4 profit declined to $232.3 million from $286.7 million in Q4 2009 amidst slowing landline loss.
Company …
Things are tough all over for telecoms as the economic slump continues, but BT (NYSE: BT) saw some bright glimmers of hope in the first quarter of fiscal 2010 that ended June 30. While the company’s revenues decreased 4 percent year over year, a focus on tightening the operating budget and knocking down its net [...]