Profits and cash flows are within reach for this high-tech upstart. It sounds like the management of Avanex (NASDAQ:AVNX) likes where the company is today. This week's earnings report was full of ...
Since the bubble years, network equipment makers, particularly fiber optic equipment makers, have been struggling with severely declining revenues, overcapacity, and plummeting margins. Many of these ...
Avanex Corp. said Monday that it has agreed to acquire the optical component businesses of both Alcatel and Corning Inc. for $67.4 million in stock, bolstering its position as a maker of components ...
While optical communications companies like JDS Uniphase and Oplink are expanding their production capacity in China, Avanex is adopting a different strategy – production outsourcing. To boost ...
Avanex shed 19 percent Wednesday after warning that sales and earnings would miss estimates for its third quarter. Analysts said the company's largest customer, WorldCom, was to blame, and cut their ...
Alexandre Krivine, an entrepreneur with past connections to Alcatel, takes over the management of Avanex's III-V semiconductor operations in Nozay, France. Optical communications component and module ...
Avanex Corp., a designer of photonic processors for optical networks, today cut its outlook for the fiscal fourth quarter ended June 30, and announced a significant layoff. The company said that it ...
The big chill in telecommunications spending has claimed another victim. Avanex tumbled 17.5% today after it became the latest networking stock to issue a profit warning. "This is one preannouncement ...
Avanex Corp., a Fremont-based manufacturer of optical networking components, will acquire San Jose-based Oplink Communications Inc. in an all-stock deal worth approximately $283 million. The ...
FREMONT, Calif. — Avanex Corp. today (Aug. 23, 2003) announced it has entered into an agreement to acquire certain assets of Vitesse Semiconductor Corp.'s optical systems unit in San Jose, Calif. for ...
Though Fremont’s Avanex plans to lay off 210 employees in 2005, according to a document filed Monday with the Securities and Exchange Commission, the optical component provider is on a steady course, ...