The optical networking industry is growing, but it's doing it in fits and starts. If you took optical component specialist Oclaro
In its first-quarter report last night, JDS showed some muscle with 36% year-over-year sales growth and five times fatter non-GAAP earnings per share. Gross margins expanded by nearly 2 percentage points from last quarter. There's a slight slowdown going on in the testing equipment division, but hefty sales in the optical components segment more than made up for it.
Now that we have up-to-date reports from Oclaro, Oplink Communications
The JDS report was impressive enough to keep the stock rising on a generally down market day, and it also seems to have pulled some of the competition up by the bootstraps. Optical switch specialist Juniper Networks
Is this a great time to buy optical networkers on the cheap, or is JDS pointing us in the wrong direction? Discuss in the comments below.