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JDSU: Still No Future |
| Published: August 22, 2007, 5:01 pm |
| Tags: telecom |
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JDSU, which makes communications test and measurement solutions and optical products for the telecom and cable businesses, turned in another lackluster quarter. These are supposed to be the days of broadband expansion and fiber-for-everyone as companies like Verizon (VZ) build out their FiOS system and firms like Comcast (CMCSA) and Time Warner Cable (TWC) fight to keep up. And, that is just the business in the US. North America was only 53% of the company's business in the last quarter. But, revenue for the quarter ending June 30 was $350.7 million and the net loss was $17.9 million, or $(0.08)... [ Full article ] |
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