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Arris Meets Expectations – Analyst Blog

Zacks Market Commentaries (October 28th, 2009) Writes:
Arris Group Inc. (ARRS) recently declared third quarter 2009 financial results. Quarterly total revenue of $275.8 million was down approximately 7.3% year-over-year and down 1% sequentially. However, it was better than the Zacks Consensus Estimate of $274 million.  The decline in revenue was the result of a lukewarm demand in all the three product segments of the company due to economic slowdown, partially offset by strong demand for DOCSIS 3.0 CMTS products.  On a GAAP basis, net earnings in the quarter were $21.7 million or 17 cents per share compared to a net income of $24.1 million or 19 cents per share in the prior-year quarter and a net income of $22.9 million or 18 cents per share in the previous quarter. Adjusted net income (excluding special items) in the reported quarter was $29.3 million or 23 cents per share, in line with the Zacks Consensus ...

Time Warner Cable Does Wideband – Analyst Blog

Zacks Market Commentaries (September 30th, 2009) Writes:
Time Warner Cable Inc (TWC) has recently deployed its first next-generation DOCSIS 3.0 (also called Wideband) service in New York City. With this, TWC has established itself as a formidable player to counter the threat from high-speed FiOS network of Verizon Wireless (VZ). Earlier this month, the company has taken a decision to continue to roll-out switched digital video (SDV) in three major markets of Los Angeles, New York City (NYC) and Dallas. Deployment of SDV will free up bandwidth that can be used by TWC to offer 100 high-definition TV channels (HDTV), HD video-on-demand programs, and DOCSIS 3.0.   TWC will offer its residential tier Wideband service with 50 Mbps downstream and 5 Mbps upstream speed for $99.95. The company will also offer two commercial tier Wideband service. Together these services will cover 1.4 million subscribers in the NYC area.   The U.S. cable MSOs ...

DOCSIS 3.0 Gains Momentum – Analyst Blog

Zacks Market Commentaries (September 28th, 2009) Writes:
Major cable MSOs (multi service operators) in the U.S. are aggressively deploying DCOSIS 3.0 technology. Intense competition among cable operators, satellite carriers and telecom service providers for broadband market share has forced the cable MSOs to opt for cost effective bandwidth enhancing technology for high-speed network. DOCSIS 3.0 (also called Wideband network) is a digital channel bonding technique that creates one larger and faster logical pipe to support throughput of at least 100 Mbit/second. With DOCSIS 3.0, cable operators are now able to offer one of the fastest Internet speeds available in the market. Comcast Corp. (CMCSA), the largest MSO in the U.S., has announced that it will upgrade around 40 million homes and businesses of the company’s existing networks with next-generation super-fast wideband technology by the end of 2009. Cablevision System Corp. (CVC) is also increasingly deploying DOCSIS 3.0. Time Warner Cable Inc. (...

Motorola Wins Major Contract – Analyst Blog

Zacks Market Commentaries (September 23rd, 2009) Writes:
Recently, Motorola Inc (MOT) was awarded a contract to supply EuroDOCSIS 3.0 digital video modems to UPC Broadband for its pan-European network. UPC Broadband is the European division of Liberty Global Inc (LBTYA), the largest cable TV operator in Europe.  Using Motorola’s SBV6120E EuroDOCSIS 3.0 voice and data solution, UPC will deliver high-speed (120 Mbps) data and IP voice and services to its customers in The Netherlands, Austria, Czech Republic, Hungary, Slovakia and Switzerland. The SBV6120E is part of Motorola's complete portfolio of bandwidth-expanding EuroDOCSIS 3.0-certified technologies.  EuroDOCSIS 3.0 standard is based on 8 MHz channels whereas U.S. DOCSIS 3.0 standard is based on 6 MHz channels. Motorola’s DOCSIS 3.0 solutions enable cable operators to cost-effectively introduce new value-added services, increase bandwidth for feature-rich services, generate higher return on investment, and increase revenues.  Although the financial terms of this contract haves not been disclosed, ...

Zacks Analyst Blog Highlights: Arris Group Inc., Cisco System, Motorola, Comcast Corp. and Time Warner Cable Inc. – Press Releases

Zacks Market Commentaries (August 27th, 2009) Writes:

For Immediate Release

Chicago, IL – August 27, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Arris Group Inc. (ARRS), Cisco System (CSCO), Motorola (MOT), Comcast Corp. (CMCSA) and Time Warner Cable Inc. (TWC).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Wednesday’s Analyst Blog:

Arris Leads CMTS Market

Arris Group Inc. (ARRS) has become the world leader of the Cable Modem Termination System (CMTS) market. According to a recent report of Infonetics Research, Arris achieved this milestone for the first time in its history during the second quarter. The

...

Arris Leads CMTS Market – Analyst Blog

Zacks Market Commentaries (August 26th, 2009) Writes:

Arris Group Inc. (ARRS) has become the world leader of the Cable Modem Termination System (CMTS) market. According to a recent report of Infonetics Research, Arris achieved this milestone for the first time in its history during the second quarter. The CMTS market is highly competitive as large broadband gear makers like Cisco System (CSCO) and Motorola (MOT) are also major players. Arris always remains a strong contender for the North American market, but globally it performs poorly compared to its peers.

Arris has established a solid foothold in the rapidly growing CMTS market. The prime reason for this is the aggressive roll-out of DOCSIS 3.0 technology by cable MSOs. As a result of DOCSIS 3.0 implementation, downstream port shipment increased 9% globally during the second quarter compared to the previous quarter. At present, Arris commands approximately 47% of the global CMTS market having taken over the leadership

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Zacks Bull and Bear of the Day Highlights: tw telecom, Loews Corporation, Comcast Corp., Verizon Communications and AT&T – Press Releases

Zacks Market Commentaries (August 11th, 2009) Writes:

For Immediate Release

Chicago, IL – August 11, 2009 – Zacks Equity Research highlights tw telecom (TWTC) as the Bull of the Day and Loews Corporation (L) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Comcast Corp. (CMCSA), Verizon Communications (VZ) and AT&T (T).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676

Here is a synopsis of all five stocks:

Bull of the Day:

We maintain our Buy rating and the same valuation target for tw telecom (TWTC), a leading provider of managed voice & data networking solutions. TWTC continues to generate sustaining revenue from large business enterprises primarily through sales of Ethernet and IP-VPN services.

This has reduced the company's dependence on telecom carrier customers. Although the balance sheet remains considerably leveraged, we do not expect any immediate liquidity crisis since no significant

...

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