ADVA Optical Networking Posts Q2 Revenues of EUR 144.2 Million
Summary
ADVA Optical Networking (ISIN: DE0005103006, WKN 510300) announced financial results for its 2017 second quarter ended on June 30, 2017. The combined product portfolio will be supported by our continued commitment to operational excellence providing our customers with response times that are unmatched in the industry. Our world-class engineering team, the agility of our organization and our customer focus give us a solid foundation for further growth and profitability." Pro forma financial numbers exclude non-cash charges related to the stock compensation programs and amortization and impairment of goodwill and acquisition-related intangible assets. However, the current demand from one of our top customers in the ICP segment is still weak and we have not yet been able to design in our FSP 3000 CloudConnect(TM).