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Ciena forecasts 8-9% FY revenue growth

2015-12-11 08:52:00| Telecompaper Headlines

(Telecompaper) Ciena reported revenues of USD 692 million for its fiscal fourth quarter to October, up from USD 591 million a year earlier and at the high end of its guidance. The net loss narrowed to USD 13.8 million from USD 30.7 million a year ago, and adjusted EPS improved to USD 0.42 per share from a loss of USD 0.08 a year earlier. The results were supported by the takeover of Cyan, which increased converged packet optical revenue to USD 484 million from USD 383 million a year ago. For fiscal Q1, the company forecast revenue of USD 555-590 million and adjusted gross margin around 44 percent. Over fiscal 2016, revenue is expected to grow 8-9 percent and the adjusted gross margin to stay in the mid-40s percent range. The adjusted operating margin is targeted at 11-12 percent. 

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Global market review of denim and jeanswear - forecasts to 2021

2015-12-03 13:05:18| Apparel & textile industry market research - from just-style.com

This edition of just-style's denim and jeanswear report pulls together all aspects of the global denim and jeans sector. From cotton production, to garment sourcing, consumer demand to brands and fash

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American Eagle beats 3Q profit forecasts

2015-12-03 04:22:47| Apparel - Topix.net

American Eagle Outfitters Inc. on Wednesday posted a third-quarter profit that topped Wall Street expectations and named its interim CEO - and longtime chairman - to the post permanently. The teen clothing retailer reported fiscal third-quarter profit of $74.1 million, or 38 cents a share.

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Navigant forecasts annual fuel cell vehicles sales to exceed 228,000 units by 2024

2015-12-02 19:55:31| Green Car Congress

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Vietnam forecasts textile and garment export growth

2015-12-02 16:59:00| Daily apparel & textile news and comment - from just-style.com

Vietnam expects its garment and textile exports to grow on average by 11.5% per year to 2020, maintaining steady growth. 

Tags: growth export vietnam textile

 

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