Opnext Inc. (OPXT), a designer and manufacturer of optical modules and components that transmit and receive data, is expected to report its first quarter results on August 6.
Management expects market softness to affect the June quarter. 10G sales are expected to decline. Sales from 40G products are anticipated to return to normal levels after a decline in demand in the March quarter. In view of the above mentioned factors, Opnext expects revenues between $80 million and $90 million in the first quarter of fiscal 2010 while the consensus estimate is $84 million. In the previous quarter, the company reported sales of $84 million.
Telecommunications partnerships -- such as Nokia Siemens Network (NSN) and Alcatel-Lucent (ALU) -- and data communications networks such as Cisco (CSCO) are becoming increasingly congested as the result of growing demand from consumers, enterprises and institutions for high-bandwidth applications. This bandwidth constraint has caused network
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