ADVA Optical Networking announced Q2 2010 revenues of EUR 68.6 million, slightly above guidance of between EUR 63 million and EUR 68 million, up a significant 18.0% vs. Q2 2009 at EUR 58.2 million and up 8.6% vs. EUR 63.2 million reported in Q1 2010.
IFRS pro forma operating income, excluding stock-based compensation and amortization & impairment of goodwill &
acquisition-related intangible assets, amounted to EUR 1.9 million or 2.8% of revenues in Q2 2010, within guidance of between 1% and 5% of revenues. This compares to EUR 1.1 million or 1.9% of revenues in Q2
2009 and EUR 2.7 million or 4.3% of revenues in Q1 2010.
"ADVA Optical Networking's revenues developed well in Q2 2010, due to incremental carrier infrastructure business in the Americas. While this clearly increases the robustness of our business mix, our growth in H2 2010 will very likely be driven by additional enterprise and Ethernet access business, resulting in a corresponding pick-up in profitability. Our Q2 2010 book-to-bill ratio is very strong, with significant order back-log for our industry-leading and highly innovative low-latency optical transport solution for the financial services industry. Additionally, the massive increase in mobile backhauling traffic driven by 3G and 4G mobile phones will have a major positive impact on our Ethernet access business. We create value for our customers - this will continue to translate into profitable growth," stated Brian Protiva, chief executive officer of ADVA Optical Networking.
http://www.advaoptical.com
IFRS pro forma operating income, excluding stock-based compensation and amortization & impairment of goodwill &
acquisition-related intangible assets, amounted to EUR 1.9 million or 2.8% of revenues in Q2 2010, within guidance of between 1% and 5% of revenues. This compares to EUR 1.1 million or 1.9% of revenues in Q2
2009 and EUR 2.7 million or 4.3% of revenues in Q1 2010.
"ADVA Optical Networking's revenues developed well in Q2 2010, due to incremental carrier infrastructure business in the Americas. While this clearly increases the robustness of our business mix, our growth in H2 2010 will very likely be driven by additional enterprise and Ethernet access business, resulting in a corresponding pick-up in profitability. Our Q2 2010 book-to-bill ratio is very strong, with significant order back-log for our industry-leading and highly innovative low-latency optical transport solution for the financial services industry. Additionally, the massive increase in mobile backhauling traffic driven by 3G and 4G mobile phones will have a major positive impact on our Ethernet access business. We create value for our customers - this will continue to translate into profitable growth," stated Brian Protiva, chief executive officer of ADVA Optical Networking.
http://www.advaoptical.com
confirmed that it has been selected by both China Mobile and China Telecom to deploy its Passive Optical Networks (PON)-based solutions for next-generation broadband services such as HDTV and high-speed Internet throughout China.
was serving approximately 15,001,000 total subscribers, representing 42 percent year-over-year growth from 10,599,000 total subscribers at the end of the second quarter of 2009 and 7 percent sequential growth from 13,967,000 subscribers at the end of the first quarter of 2010. 
has agreed to a major network outsourcing agreement with Ericsson and Indra, a Spanish IT management firm based in Madrid.
The task order, which was part of the GSA Networx Universal contract vehicle, encompasses a transition to a department-wide managed IP network architecture supporting data services to over 5,000 USDA locations across the country. The USDA has a geographically dispersed network, encompassing over 29 agencies.
This makes ZyXEL the world's first vendor to receive an IPv6 Ready Logo Phase II certification for VDSL CPE/IAD products in the market.
