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Opnext Demonstrates Record-Breaking 3,300km Transmission Distance Using 100Gbps Coherent PM-QPSK Subsystem on SURFnet DWDM Infrastructure

Business Wire (Jul 9, 2012)
Opnext Agrees to Settle Merger Litigation

Business Wire (Jul 6, 2012)
Opnext Determines Unsolicited Offer to Acquire Company Is Not Superior

Business Wire (Jun 4, 2012)
Opnext's CEO Discusses F4Q 2011 Results - Earnings Call Transcript
Tue, May 15, 2012
Opnext Reports Fourth Fiscal Quarter and Full Year Unaudited Operating Results

Business Wire (May 15, 2012)
Opnext Schedules Fourth Quarter Earnings Release and Conference Call

Business Wire (May 11, 2012)
Merger Arbitrage Mondays: May 7, 2012
Asif Suria • Mon, May 7, 2012 • 2 Comments
Merger Arbitrage Mondays - April 30, 2012
Asif Suria • Mon, Apr 30, 2012 • 3 Comments
14 Outperforming Tech Stocks Being Sold Off By Hedge Funds
Kapitall • Wed, Apr 18, 2012
Merger Arbitrage Mondays - April 16, 2012
Asif Suria • Mon, Apr 16, 2012
By The Numbers - Oclaro To Acquire Opnext
Mark Gomes • Wed, Mar 28, 2012 • 4 Comments
Opnext's CEO Discusses F3Q2012 Results - Earnings Call Transcript
Tue, Feb 7, 2012
Opnext Schedules Third Quarter Earnings Release and Conference Call

Business Wire (Jan 24, 2012)
Opnext Expands Product Family with New High Power 660nm Red Laser Diode Featuring Built-in Monitor Photo Diode Capability

Business Wire (Jan 19, 2012)
Opnext Updates Status Following Flooding in Thailand

Business Wire (Dec 28, 2011)
2 Tech Stocks With Plenty Of Upside
Alex Shadunsky • Fri, Dec 2, 2011 • 3 Comments
Opnext's Management Presents at Piper Jaffray Technology, Media & Telecommunications Conference - Conference Call Transcript
Tue, Nov 8, 2011
Opnext's CEO Discusses F2Q 2012 Results - Earnings Call Transcript
Tue, Nov 1, 2011
Wall Street Breakfast: Must-Know News
SA Editor Yigal Grayeff • Thu, Oct 27, 2011 • 31 Comments
Opnext CEO Discusses F1Q2012 Results - Earnings Call Transcript
Thu, Aug 4, 2011

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Shining a Light on Opnext's Losses
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Opnext: 'Net Net' Value with Good Risk / Reward
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Why OpNext Is Likely to Outperform
Elliot Eisenberg • Mon, Jan 12, 2009
Opnext: Due for Some Upgrades
Ragnick Makayira • Wed, Mar 28, 2007

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Merger Arbitrage Mondays - April 30, 2012
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Kapitall • Wed, Apr 18, 2012
Merger Arbitrage Mondays - April 16, 2012
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Mark Gomes • Wed, Mar 28, 2012 • 4 Comments
2 Tech Stocks With Plenty Of Upside
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Kurtis Hemmerling • Sun, Jan 23, 2011 • 31 Comments
Long Updates: Opnext, Gymboree and FreightCar America
SkepticLLC • Wed, Mar 10, 2010 • 2 Comments
Back-Testing Graham NCAV, NNWC Screen Strategies: Update
Jae Jun • Thu, Feb 18, 2010
Opnext Teams Up with JDSU Uniphase on Optical Module
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Wisdom vs. Information • Thu, Sep 17, 2009 • 5 Comments

Opnext's CEO Discusses F4Q 2011 Results - Earnings Call Transcript
Tue, May 15, 2012
Opnext's CEO Discusses F3Q2012 Results - Earnings Call Transcript
Tue, Feb 7, 2012
Opnext's Management Presents at Piper Jaffray Technology, Media & Telecommunications Conference - Conference Call Transcript
Tue, Nov 8, 2011
Opnext's CEO Discusses F2Q 2012 Results - Earnings Call Transcript
Tue, Nov 1, 2011
Opnext CEO Discusses F1Q2012 Results - Earnings Call Transcript
Thu, Aug 4, 2011
Opnext's CEO Discusses F4Q 2010 (ending March 31, 2011) Results - Earnings Call Transcript
Thu, May 19, 2011
Opnext CEO Discusses F3Q2011 (Qtr End 12/31/2010) Results - Earnings Call Transcript
Thu, Feb 3, 2011 • 1 Comment
Opnext CEO Discusses F2Q2011 Results - Earnings Call Transcript
Sat, Nov 6, 2010
Opnext, Inc. F1Q11 (Qtr End 06/30/10) Earnings Call Transcript
Thu, Aug 5, 2010
Opnext Inc. F4Q10 (Qtr End 03/31/2010) Earnings Call Transcript
Wed, May 19, 2010
Opnext, Inc. F3Q10 (Qtr Ending 12/31/09) Earnings Call Transcript
Thu, Feb 4, 2010
Opnext, Inc. Q3 2009 Earnings Call Transcript
Mon, Nov 9, 2009
Opnext F1Q09 Earnings Transcript
Fri, Aug 7, 2009
Opnext, Inc. F2Q09 (Qtr End 3/31/09) Earnings Call Transcript
Tue, May 19, 2009
Opnext Inc F3Q09 (Qtr End 12/31/08) Earnings Call Transcript
Thu, Feb 5, 2009
Opnext Inc. F2Q08 (Qtr End 9/30/08) Earnings Call Transcript
Tue, Nov 4, 2008
Opnext Inc. F109 (Qtr End 6/30/08) 2008 Earnings Call Transcript
Wed, Aug 6, 2008
Opnext, Inc., Q4 2008 Earnings Call Transcript
Thu, May 22, 2008
Opnext, Inc. F3Q08 (Qtr End 12/31/07) Earnings Call Transcript
Tue, Mar 4, 2008

Opnext Demonstrates Record-Breaking 3,300km Transmission Distance Using 100Gbps Coherent PM-QPSK Subsystem on SURFnet DWDM Infrastructure

Business Wire (Jul 9, 2012)
Opnext Agrees to Settle Merger Litigation

Business Wire (Jul 6, 2012)
Opnext Determines Unsolicited Offer to Acquire Company Is Not Superior

Business Wire (Jun 4, 2012)
Opnext Reports Fourth Fiscal Quarter and Full Year Unaudited Operating Results

Business Wire (May 15, 2012)
Opnext Schedules Fourth Quarter Earnings Release and Conference Call

Business Wire (May 11, 2012)
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Opnext Schedules Third Quarter Earnings Release and Conference Call

Business Wire (Jan 24, 2012)
Opnext Expands Product Family with New High Power 660nm Red Laser Diode Featuring Built-in Monitor Photo Diode Capability

Business Wire (Jan 19, 2012)
Opnext Updates Status Following Flooding in Thailand

Business Wire (Dec 28, 2011)
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OPXT vs. ETF Alternatives

Company Description

Opnext, Inc. is a leading designer and manufacturer of subsystems, optical modules, and components that enable high-speed telecommunications and data communications networks globally. Our transceiver modules, which typically utilize our lasers and detectors, convert signals between electrical... More

Sector: Technology

Industry: Semiconductor - Broad Line

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Monday, June 4, 2012, 5:23 PM Opnext (OPXT) +12.4% AH to $1.09 after disclosing it received and rejected an unsolicited offer to buy the company for $1.40/share. Opnext says its board concluded the offer isn't superior to an existing deal to merge with rival optical component vendor Oclaro (OCLR). Oclaro's all-stock offer was worth $1.96/share at the time of the merger announcement, but is worth $0.97/share today. OCLR +2.6%. Comment! [Tech, On the Move, M&A]
Tuesday, May 15, 2012, 4:10 PM Opnext (OPXT): FQ4 EPS of -$0.18 misses by $0.02. Revenue of $67.6M (-29% Y/Y) misses by $5M. (PR) 1 Comment [Earnings, Tech]
Monday, May 7, 2012, 4:47 PM More on Fabrinet's FQ3: The company is guiding for FQ4 revenue of $139M-$143M and EPS of $0.25-$0.27, below a consensus of $164M and $0.32. Fabrinet manufactures optical components for JDS Uniphase (JDSU), Oclaro (OCLR), Opnext (OPXT), and others. FN -10% AH. (PR) Comment! [Tech, Earnings, On the Move]
Tuesday, March 27, 2012, 4:45 PM Citi praises Oclaro's (OCLR -6.4%) purchase of Opnext (OPXT +53.1%) for having minimal product overlap, and reducing Oclaro's telecom industry exposure. It also thinks a target for $35M-$45M in annual cost savings is reasonable. Credit Suisse notes Opnext is being acquired at just a 0.32x enterprise value/sales multiple, and expects the deal to be a positive for optical component peers such as JDSU and FNSR. (earlier) Comment! [Tech, On the Move, Quick Ideas]
Tuesday, March 27, 2012, 9:34 AM Up initially following its all-stock acquisition of Opnext (OPXT +47.8%), Oclaro (OCLR -7.1%) is now lower. Concerns about the deal's premium, and perhaps the potential for share loss as customers strive to keep a diverse stable of suppliers, could be having an impact. That, in turn, has brought Opnext shares down to $1.67, well below the $1.96 price implied by yesterday's close. Rivals are trading higher: FNSR +3.4%. JDSU +2.2%. NPTN +1.1%. Comment! [Tech, On the Move, M&A]
Tuesday, March 27, 2012, 9:03 AM Premarket gainers: OPXT +55%. WNC +9%. ISTA +8%. DANG +5%. RBS +3%. ARNA +3%. LEN +3%.
Losers: MAPP -17%. MMR -16%. APOL -6%. NBG -6%. TOT -6%. OCLR -3%. EXPE -3%. HEK -3%. EXXI -3%. Comment! [On the Move]
Monday, March 26, 2012, 4:32 PM Oclaro (OCLR) is acquiring rival optical component vendor Opnext (OPXT) in an all-stock deal that values Opnext at $1.96/share, or $177M, based on today's close. Oclaro will be issuing 0.42 shares of its stock for every Opnext share outstanding. Many have speculated the optical component market is ripe for consolidation. OCLR +2.2% AH. OPXT halted. FNSR +0.9%. NPTN and JDSU could also see volatility. Comment! [Tech, On the Move, M&A, Breaking News]
Wednesday, March 7, 2012, 4:00 PM Saddled with too many vendors and excess capcity, the optical component industry is due for consolidation, says industry analyst Subu Subrahmanyan, who also speculates Oclaro (OCLR) could merge with Finisar (FNSR) or JDS Uniphase (JDSU). Finisar CEO Jerry Rawls says deals are often discussed, but disagreements over price and fears of post-merger market share losses are standing in the way. Comment! [Tech, M&A]
Tuesday, February 7, 2012, 6:05 PM Opnext (OPXT): FQ3 EPS of -$0.24 misses by $0.07. Revenue of $53.1M (-45.3% Y/Y) misses by $7M. (PR) Comment! [Earnings, Tech]
Friday, January 27, 2012, 10:17 AM In spite of beating FQ2 estimates, Oclaro (OCLR -9%) is selling off today, as the Street focuses on the optical component maker's underwhelming FQ3 guidance (revenue of $90M-$97M vs. consensus of $115M), likely affected by soft telecom capex. Falling in sympathy: JDSU -3.7%. FNSR -2.5%. OPXT -1.8%. NPTN -1.9%. (transcript) Comment! [Tech, On the Move]
Thursday, December 29, 2011, 7:36 AM Opnext (OPXT) says it relocated production out of Thailand to manufacturing facilities in Japan and California as one of its main contract manufacturers remains down due to flooding damage. The firm warns that the loss of production capacity will have a "significant impact" on its operations and ability to meet customer demand for the remainder of FY11. Shares -2.8% premarket. Comment! [Tech, On the Move]
Tuesday, November 1, 2011, 5:30 PM JDS Uniphase (JDSU) is now up 5% AH following its FQ1 report. While JDS says Thai flooding will have a $35M-$45M impact on FQ2 sales, its FQ2 revenue guidance range of $375M-$405M ($415.1M consensus) is better than some investors feared. Other optical component names are also rising: FNSR +3.2%. OPXT +6.2%. OCLR +1.3%. Comment! [Tech, Earnings, On the Move]
Wednesday, October 26, 2011, 9:57 AM Optical component firms JDS Uniphase (JDSU), Oclaro (OCLR), Opnext (OPXT), and Emcore (EMKR) have issued statements about the impact Thai flooding will have on them, on account of their reliance on Fabrinet (FN). Oclaro is posponing its FQ1 report, while Opnext says revenue losses for its current quarter "will be material." (yesterday) Comment! [Tech]
Tuesday, October 25, 2011, 3:42 PM Optical networking stocks sink as investors come to grips with the significant damage from flooding in Thailand to facilities operated by Fabrinet (FN -21.8%), whose key customers read like a who’s who in the sector: JDS Uniphase (JDSU -8.2%), Oclaro (OCLR -8.1%), Opnext (OPXT -18.4%), Finisar (FNSR -2%), Emcore (EMKR -10.8%). (earlier) Comment! [Tech, On the Move]
Friday, September 2, 2011, 3:07 PM After reporting solid FQ1 results, Finisar (FNSR +9.7%) CEO Jerry Rawls struck a bullish tone in his company's earnings CC, expressing hope that telecom spending will rise, and an inventory correction that's plagued optical component firms is over. But ACI Research is more cautious, believing another 2-3 months of corrections remain. (previously) Comment! [Tech]
Friday, September 2, 2011, 11:31 AM As optical component and subsystem vendor Finisar (FNSR +15.9%) takes off following its strong FQ1 results and FQ2 guidance, smaller rival Oclaro (OCLR +11%) is also moving sharply higher. Competitors JDS Uniphase (JDSU +2.9%) and Opnext (OPXT +2.6%) are posting relatively modest gains. Comment! [Tech, On the Move]

OPXT Opnext, Inc.

OPXT

Opnext, Inc.