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Sycamore Networks, Inc. (SCMR)

- OTCPK - Current
  • Dec. 24, 2013, 11:05 AM
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  • Mar. 1, 2013, 1:01 PM
    Midday top 10 gainers: GMXR +56%. RVLT +37%. MTG +24%. ANAC +15%. DECK +14%. NSPH +13%. KERX +13%. ATEC +13%. CRIS +12%. CIDM +12%.
    Midday top 10 losers: SCMR -73%. AT -29%. RNIN -23%. LTBR -23%. FWLT -17%. MDR -14%. SUP -13%. SHIP -13%. MNOV -12%. CBMX -12%.
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  • Dec. 6, 2012, 12:45 PM
    Midday top 10 gainers: BSDM +28%. EPHC +27%. MBLX +22%. INPH +18%. NVGN +18%. UEPS +17%. HITK +13%. CZR +11%. MITK +11%. CVO +11%.
    Midday top 10 Losers: ENZN -30%. TIGR -19%. SCMR -17%. NBY -16%. LFVN -14%. WEBM -14%. SNFCA -13%. KBW -13%. VRA -12%. HF -11%.
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  • Nov. 29, 2012, 7:18 AM
    Sycamore Networks (SCMR): FQ1 EPS of -$0.23 misses by $0.07. Revenue of $12.1M (-21.4% Y/Y) beats by $1.5M. (PR)
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  • Nov. 16, 2012, 12:45 PM
    Midday top 10 gainers: SWSH +30%. PENN +30%. SHF +30%. OMX +20%. PRAN +17%. CCBG +20%. ASCA +15%. SUMR +14%. KWK +14%. OSIS +12%. Midday top 10 Losers: DIAL -76%. SAB -51%. DVAX -47%. SCMR -24%. BORN -20%. VIAS -18%. GAIA -18%. SHLD -17%. SINA -15%. EDS -15%.
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  • Nov. 13, 2012, 12:45 PM
    Midday top 10 gainers: GTIM +72%. GALE +26%. ZAZA +26%. PNTR +22%. GBX +17%. CLNT +15%. ARII +14%. PGNX +13%. RDNT +12%. CLNE +12%. Midday top 10 Losers: SCMR -36%. HCLP -22%. VVTV -19%. FES -17%. TROX -16%. JAG -15%. CEDC -15%. CDTI -15%. HDY -14%. DOM -14%.
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  • Oct. 23, 2012, 3:59 PM
    Sycamore (SCMR -1%) is selling its bandwidth management software business to P-E firm Marlin Equity Partners for $18.75M, and says it plans to liquidate the rest of the company, provided shareholders approve. A $2/share cash distribution has been announced - Sycamore recently made a $10/share distribution - and a buyer is sought for the company's IQstream mobile infrastructure optimization software.
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  • Oct. 10, 2012, 5:05 PM
    Sycamore Networks (SCMR): FQ4 EPS of -$0.03 beats by $0.10. Revenue of $16.8M (+29% Y/Y) beats by $4M. Shares +3.1% AH. (PR)
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  • Sep. 20, 2012, 9:47 AM
    Sycamore (SCMR +7.2%) jumps to $15.77 after its board declares a $10/share special dividend that will be paid on Oct. 11 to shareholders on record as of Oct. 1. Many have been calling on the optical networking hardware/software vendor to part with a large chunk of its giant cash hoard. Sycamore also says it posted FQ4 (ended in July) revenue of $16.8M, above the $12.9M estimated by the sole analyst who covers it. (PR)
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  • May 23, 2012, 7:09 AM
    Sycamore Networks (SCMR): Q1 EPS of -$0.14 beats by $0.03. Revenue of $11.9M (flat Y/Y) in-line. (PR)
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  • May 18, 2012, 6:23 PM
    Optical networking equipment revenue fell 23% Q/Q in Q1, estimates Infonetics - a sharp decline even after accounting for seasonality. A 30%+ drop in EMEA sales overshadowed a small drop in North American sales. The firm is particularly worried about the fact EMEA sales of WDM gear fell more than sales of legacy gear. "This is not the behavior of a region experiencing only a minor quarterly pullback," it observes. Some key industry players: CIEN, INFN, ALU, SCMR, TLAB, ADTN.
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  • Feb. 16, 2012, 8:56 AM
    Sycamore Networks (SCMR): Q4 EPS of -$0.10 misses by $0.01. Revenue of $13.2M (+8% Y/Y) beats by $1.3M. (PR)
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  • Dec. 1, 2011, 3:05 PM
    Sycamore Networks (SCMR -4.9%) does a rapid about-face after posting a 4% gain at the open on a surge in revenues, but the shares soon slumped on apparent investor fatigue as its FQ1 loss brings its streak up to five consecutive quarters. There are signs of improvement however, as revenues leapt 31.6% Y/Y, and gross margin jumped to 59.3% from 41.2%.
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  • Sep. 7, 2011, 12:56 PM
    Sycamore Networks (SCMR +5.8%) rallies in a combination of relief and short-covering after its FQ4 revenues and net loss per share narrowly beats Street estimates. Despite the pop in share price, the results and follow-on comments were less than stellar, with a sharp drop in earnings Y/Y and delays in the do-or-die launch of its IQstream.
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  • Dec. 31, 2010, 2:25 PM
    It appears a strong day for optical networking companies, with shares of Finisar (FNSR) trading at +4.6%. Finisar supplies optical components for the telecom industry. Competitor Alliance Fiber Optic Products (AFOP) is +13.%.
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  • Dec. 1, 2010, 10:32 AM
    Sycamore Networks (SCMR) is -13.7% to $25.88 after announcing a 2011 Q1 net loss of $6.5M on revenues of $11.7M, down from 2010's $15.6M Q1 revenue. The Q1 results "reflect the fluctuations associated with the project-oriented nature of our bandwidth management business," says CEO Daniel Smith. (PR)
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