Financials

Speaking at the Goldman Sachs Communacopia + Technology Conference, AT&T CEO John Stankey provided the following updates: Stankey is confident in the company’s full-year guidance., which includes free cash flow...

Casa Systems appointed Colin Kincaid as Chief Product Officer (CPO) and Phil Paro as Chief Accounting Officer (CAO). Kincaid joins Casa Systems by way of Cisco where he most recently...

VMware reported revenue for the second quarter of $3.41 billion, an increase of 2% from the second quarter of fiscal 2023.  Non-GAAP net income for the second quarter was $792...

Marvell reported net revenue for the second quarter of its fiscal 2024 of $1.341 billion, $11 million above the midpoint of the company's prior guidance, but down 12% year-on-year. GAAP...

MACOM agreed to acquire the radio frequency business (the RF business) of Wolfspeed for $125 million, including $75 million cash paid at closing and $50 million of MACOM common stock...

Broadcom received final transaction approval from the United Kingdom's Competition and Markets Authority.  Broadcom has already received legal merger clearance in the European Union, as well as in Australia, Brazil,...

Arm Holdings Limited filed a registration statement with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of American depositary shares. Arm has applied to list...

Lumentum reported revenue of $370.8 million for its fiscal fourth quarter ended July 1, 2023, with GAAP net loss of $60.2 million, or $0.88 per diluted share. This compares with...

Keysight Technologies reported revenue of $1.38 billion for its third fiscal quarter ended July 31, 2023. flat compared with last year, and up 1 percent on a core basis. Non-GAAP...

Citing solid demand with over 30% total sequential product order growth with double-digit increases across all customer markets, Cisco reported revenue of $15.2 billion, net income on a generally accepted...

Coherent Corp. reported revenue of $1.205 billion for the quarter ending 30-June-2023.  Non-GAAP EPS amounted to $0.41. Both figures were at the high end of the company’s guidance. The company...

Cisco agreed to acquire Working Group Two (WG2), a Norwegian company built from a Telenor incubation together with Cisco, that pioneered a cloud native mobile core as-a-service platform. Financial terms...

Radisys completed its previously announced acquisition of Mimosa Networks, a subsidiary of Airspan Networks. Mimosa brings a diverse portfolio of point-to-point and point-to-multi-point connectivity products leveraging unlicensed spectrum bands. These...