OPLK: Oplink Communications, Inc. Instablogs

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Thursday, May 2, 7:11 PM Oplink Communications (OPLK): Q1 EPS of $0.18 misses by $0.01. Revenue of $44.1M beats by $0.04M. (PR) Comment! [Earnings, Breaking News, Tech]
Tuesday, April 23, 7:56 PM Telecom equipment and optical component makers fall in AH trading in response to Juniper's revenue miss and light Q2 guidance, and (in what's arguably the bigger news) AT&T's $2B/year capex budget cuts for 2014 and 2015. CSCO -1.8% AH. CIEN -2.5%. RVBD -1.4%. JDSU -3.4%. FNSR -1.3%. TLAB -1.6%. Many of these companies had surged last November when AT&T set lofty 2014/2015 capex targets. Other names that could fall tomorrow: INFN. FN. OPLK. CALX. ADTN. 1 Comment [Tech, On the Move]
Thursday, March 7, 10:11 AM It's rally time for telecom equipment and optical component makers, as the Street sees positive implications in Ciena's FQ1 beat and respectable FQ2 guidance for service provider capex. JDSU +6.2%. JNPR +4%. FNSR +4.5%. INFN +5.1%. ADTN +2.5%. RVBD +1.7%. FFIV +2.3%. CALX +2.1%. OCLR +5.7%. OPLK +2.7%. EXFO +4.5%. Comment! [Tech, On the Move]
Thursday, January 31, 5:45 PM After-hours top gainers, as of 5:15 p.m.: ADNC +26%. TSYS +13%. PMCS +7%. N +7%. ABAX +5%.
After-hours top losers: CPSI -9%. OPLK -6%. BEBE -4%. ELX -4%. LTM -4%. Comment! [On the Move]
Thursday, January 31, 4:56 PM Oplink Communications (OPLK): FQ2 EPS of $0.24 beats by $0.02. Revenue of $45.1M misses by $0.11M. (PR) Comment! [Earnings, Breaking News, Tech]
Thursday, January 31, 10:51 AM Just about anyone competing with JDS Uniphase (JDSU +17.7%) in a major way is higher after the optical component/test equipment firm beat FQ2 estimates and issued healthy FQ3 guidance. FNSR +10.8%. OCLR +10.5%. NPTN +4.3%. OPLK +4.7%. EXFO +6.6%. XXIA +1.9%. Telecom equipment makers are also up, lifted by both JDS and Ericsson's results: INFN +4.4%. CIEN +6.4%. ADTN +2.7%. JNPR +2.6%. PKT +3.6%. ALLT +3.2%. JDS mentioned on its earnings call "recent announcements and customer dialogue" bode well for 2013 telecom capex. Comment! [Tech, On the Move, Earnings]
Wednesday, January 30, 5:03 PM More on JDS Uniphase: FQ3 guidance is for revenue of $405M-$425M, in-line with a $414.8M consensus and perhaps better than feared given recent history. Gross margin +220 bps Q/Q and +90 bps Y/Y in FQ2 to 48%. Telecom test/measurement sales -0.4% Y/Y, better than FQ1's 8.5% drop. Optical component sales +12.7% (+8.6% in FQ1), lasers +20.3% (+5.6% prior), optical security/performance products -4% (+11.7% prior). JDSU +7.1% AH. CC getting started (webcast). FNSR +4.3%. OPLK, OCLR, NPTN, and XXIA could also rally. (PR) (slides) (fact sheet) Comment! [Tech, Earnings]
Wednesday, December 26, 2012, 1:01 PM JDS Uniphase (JDSU +1.4%) and Finisar (FNSR +1.5%) tick higher after Piper's Troy Jensen forecasts optical component makers will post better-than-expected 2H13 sales thanks to rising carrier capex. Jensen also predicts JDS will see market share gains. Oclaro (OCLR -2.3%) isn't joining in on the fun. Comment! [Tech, On the Move]
Wednesday, December 5, 2012, 4:35 PM More on Finisar: FQ3 guidance is for revenue of $230M-$245M and EPS of $0.14-$0.18, in-line with a consensus of $239.5M and $0.17 and better than feared in light of capex worries. The company says demand for its tunable transceivers, ROADM line cards, and optical switching components drove Q/Q growth. Gross margin was 30.5%, up 20 bps Q/Q. FNSR +5% AH. JDSU +0.7%. Needham's upgrade was well-timed. CC at 5PM ET (webcast). (PR) (slides - PDF) Comment! [Tech, On the Move, Earnings]
Monday, December 3, 2012, 9:38 AM Finisar (FNSR +3.2%) opens with a solid gain after Needham upgrades shares to Buy and sets an $18 PT. The firm cites improved 2013 service provider capex following a rough 2012; improving demand for Finisar's ROADM line cards and LcOS optical switches, and continued sell-outs for its high-end 40G/100G optical transceivers. Rivals are also doing well today: OCLR +1.6%. JDSU +2.2%. OPLK +2.8%. So is equipment vendor Ciena (CIEN +2.7%), which has strong 40G/100G exposure. Comment! [Tech, On the Move, Quick Ideas]
Tuesday, November 6, 2012, 2:35 PM Though many optical component names are following Fabrinet higher, Oclaro (OCLR -13.7%) is selling off after reporting FQ1 revenue of $148.8M (+43% Y/Y, boosted by Opnext acquisition) and EPS of -$0.39 - the latter missed by $0.10. An 800 bps Q/Q drop in gross margin to 13% didn't help. FQ1 guidance is for revenue of $145M-$162M (below a $170M consensus) and gross margin of 12%-18%. Oclaro noted on its earnings call European and Asian demand is weak, and that results were affected by execution and Opnext integration challenges. Comment! [Tech, Earnings, On the Move]
Thursday, November 1, 2012, 6:48 PM Oplink Communications (OPLK): Q3 EPS of $0.26 beats by $0.06. Revenue of $44.9M (+3.2% Y/Y) misses by $0.3M. (PR) Comment! [Earnings, Tech]
Tuesday, October 30, 2012, 5:10 PM More on JDS Uniphase's FQ1: FQ2 guidance is for revenue of $410M-$430M, well below a $464.4M consensus. Not surprisingly, JDS blames weak telecom capex. But the fact it's predicting the industry won't see the usual "year-end budget release" could raise eyebrows. Optical component/module sales rose 8.6% Y/Y, but test/measurement equipment fell 8.5%. A 50 bps Q/Q improvement in gross margin helped EPS beat estimates. CC underway (webcast). FNSR, OCLR, OPLK, and NPTN could move in sympathy tomorrow. (slides - PDF) (PR) Comment! [Tech, Earnings]
Friday, October 5, 2012, 4:35 PM Oclaro (OCLR) -6.8% AH after warning it expects FQ1 (Sep. quarter) revenue of $149M, below a $162.2M consensus. Oclaro, which closed its acquisition of Opnext on July 23, blames weak market conditions, a slower-than-expected recovery of share lost thanks to Thai flooding, and a slow ramp of new products, including costlier 40G and 100G parts. Might the Opnext deal also be prompting customers to diversify? Optical component rivals JDSU, FNSR, OPLK, and NPTN could fall in sympathy. Comment! [Tech, Earnings, On the Move]
Friday, August 17, 2012, 11:36 AM Oplink (OPLK +16.4%) soars after soundly beating FQ4 EPS estimates thanks to a 370 bps Q/Q increase in gross margin, and providing better-than-feared guidance. While Oplink's FQ1 revenue guidance range of $43M-$46M is below a $46.2M consensus, EPS guidance of $0.16-$0.22 is in-line with a $0.19 consensus. Optical component rival JDS Uniphase (JDSU +0.7%) rallied on Wednesday after posting earnings. Up in sympathy: FNSR +3.6%. NPTN +6%. Comment! [Tech, Earnings, On the Move]
Thursday, August 16, 2012, 4:23 PM Oplink Communications (OPLK): FQ4 EPS of $0.19 beats by $0.07. Revenue of $44.2M (+1% Y/Y) misses by $0.3M. Shares +2.1% AH. (PR) Comment! [Earnings, Tech, On the Move]

OPLK Oplink Communications, Inc.

OPLK

Oplink Communications, Inc.