Mar 05th 2013 - Edison Investment Research today published a report on ADVA Optical Networking entitled "Cautious Start To The Year". In summary, the report says:
ADVA reported Q4 revenues in line with guidance and better than expected profitability. However, guidance for Q113 was below our expectations and we have cut our estimates accordingly. Medium-term growth drivers are still in place, but the timing of the rebound in the near term is hard to predict. ADVA continues to trade at a discount to peers, despite its strong balance sheet and good growth track record.
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