Financials

In Q2 2024, Ekinops, a leading provider of telecommunications solutions, reported consolidated revenue of €29.2 million, reflecting a 25% decrease compared to Q2 2023. This decline was anticipated and consistent...

Corning now expects core sales of approximately $3.6 billion for Q2 2024,, compared with previous guidance of approximately $3.4 billion, with core EPS at the high end of or slightly...

Ericsson will record a non-cash impairment charge of SEK 11.4 billion (approximately USD 1.1 billion) in the second quarter of 2024, due to lower anticipated market growth rates in Vonage’s...

Astera Labs, a start-up based in Santa Clara, California,  plans to expand its operations to India with a new site in Bangalore set to open later this year. This expansion...

Ribbon Communications finalized a $385 million senior secured credit facility. This new financial arrangement, known as the 2024 Credit Facility, includes a $350 million term loan and a $35 million...

Broadcom reported revenue of $12,487 million for its second quarter of fiscal year 2024, ended May 5, 2024, provided guidance for its fiscal year 2024 and announced its quarterly dividend....

Citing excess inventory with customers, Ciena reported revenue of $910.8 million  for its fiscal second quarter ended April 27, 2024, down 19.6% as compared to $1.13 billion for the fiscal...

HPE reports strong demand for AI servers, posting $7.2 billion in revenue for Q2. CEO Antonio Neri highlights growth in AI systems and increased GreenLake adoption.

Netskope's SASE solution surpasses $500M in ARR, with global demand growing rapidly. Updates include AI capabilities, certifications, global partnerships, and commitment to sustainability. CEO Sanjay Beri discusses the company's mission.

Equinix announced the appointment of Adaire Fox-Martin as its CEO & President, replacing Charles Myers who moves into the role of Executive Chairman. Prior to joining Equinix as CEO, Adaire...

Marvell Technology reported net revenue for its first quarter of fiscal 2025 of $1.161 billion, $11.0 million above the mid-point of the company's guidance provided on March 7, 2024. GAAP...

The European Commission has approved unconditionally the acquisition by Kohlberg Kravis Roberts & Co. (KKR), a U.S.-based investment group, of NetCo., which comprises the primary and backbone fixed-line network business...

T-Mobile to acquire UScellular's wireless operations, adding rural customers to its 5G network. Deal worth $4.4 billion with $1.0 billion in annual cost synergies. CEO Mike Sievert excited for enhanced...