Telecomunicazioni
ADVA Optical Networking Increases Q2 2015 Revenue and Profitability Guidance
. ADVA Optical Networking (FSE: ADV) today adjusted Q2 2015 revenue and profitability guidance, due to current favorable business development.
Revenues in Q2 2015 are forecasted to range between EUR 109 million and EUR 113 million, up from previous guidance of between EUR 105 million and EUR 110 million. This development was mainly driven by the increased business from Internet Content Providers and Web 2.0 customers along with a broad base uptick in carrier infrastructure business.
IFRS pro forma operating income in Q2 2015 is forecasted to range between 6.0% and 7.5% of revenues, up from previous guidance of between 3.0% and 6.0% of revenues. This development is largely driven by the revenue growth described above, higher gross margins due to a more favorable customer and product mix, and higher income from capitalization of development expenses. IFRS pro forma operating income excludes stock-based compensation and amortization and impairment of goodwill and acquisition-related intangible assets.
ADVA Optical Networking will publish its Q2 2015 financial results on July 23, 2015. The Company will also release its revenue and IFRS pro forma operating profitability guidance for Q3 2015 on the same date.
At ADVA Optical Networking we're creating new opportunities for tomorrow's networks, a new vision for a connected world. Our intelligent telecommunications hardware, software and services have been deployed by several hundred service providers and thousands of enterprises. Over the past twenty years, our innovative connectivity solutions have helped to drive our customers' networks forward, helped to drive their businesses to new levels of success. We forge close working relationships with all our customers. As your trusted partner we ensure that we're always ready to exceed your networking expectations. For more information on our products and our team, please visit us at: www.advaoptical.com .
ADVA Optical Networking SE, Martinsried/Munich and Meiningen, Germany
www.advaoptical.com
Gareth Spence
t +44 1904 699 358
public-relations(at)advaoptical.com
Karin Tovar
t +1 201 940 7212
investor-relations(at)advaoptical.com
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