JDSU, one of the top runners in the optical-networking market, disclosed its quarterly revenue growth by 7.3% ($448.6 million) yesterday.
The Milpitas, CA, USA-based JDSU has reported a revenue for its fiscal third quarter in 2014 ($448.6 million), which outperformed last quarter record ($418 million) and bettered the prior year’s report ($421.3 million). The quarterly revenue of JDSU exceeded the approximated $425 to $445 million returns by analysts. The total revenue of JDSU is represented by 48.3% from Americas, 29.3% from Asia-Pacific bases, and 22.4% from EMEA. The Americas had 10% surge (from $196.5 million last quarter to $216.5 million), whereas Asia-Pacific reported an uptrend by a tenth (from $119.2 million to $131.4 million). In contrary to these revenue growths, EMEA had a 1.5% decrease in revenue (from $102.3 million to $100.7 million). In general, the percentage growths of the three key areas of JDSU have outdone last quarter’s record (47.0% in Americas, 28.5% in Asia-Pacific, and 24.5% in EMEA).
The Network Service and Enablement (NSE) sector of JDSU had 21.4% improvement compared to the previous quarter (from $172.3 million to $209.1 million). The current reports for NSE also exceeded the performance of the segment during the previous year by 10.2% (from $189.8 million last year to $209.1 million at present).
Optical Security and Performance Products (OSP) sector, on the other hand, had a downturn by 16.6% compared to last quarter (from $51.1 million to $42.6 million) and 13.4% against the previous year record (from $49.2 million to $42.6 million). The decline was driven by the thin-film coating businesses’ exit just recently.
Communications and Commercial Optical Products (CCOP) revenue surged by 1.2% (from $194.6 million to $196.9 million) and 8% (from $182.3 million to $196.9 million) comparing to last quarter and previous year respectively. The segment’s commercial laser returns improved by 31.7% (from $30.9 million to $40.7 million). The mentioned record also rose by 44.3% compared to the previous year’s record (from $28.2 million to $40.7 million). The expansion is described to have been set by solid-state Q-series lasers’ progress and Gen2 kilowatt fiber laser acquirement. The latter’s revenue reached a growth of 86.4% ($11 million)
Higher telecom and datacom profits counterbalanced the projected $12 million loss of the company due to 3D sensing sales. This resulted to CCOP’s Optical Communications return uptrend by 1.4% from a year ago (from $154.1 million to $156.2 million) and a downtrend by 4.6% from last quarter (from $163.7 million to $156.2 million).
In spite of the inconsistent growths in JDSU sectors, the company is looking forward for high volume opportunities for the company. JDSU claimed the projected growth driven by the company’s adoption of new mobile device applications, personal computing, and home entertainment. Revenue strength retention remains with JDSU as it continues to build its commercial lasers sector and support cloud infrastructure channelization.