ADVA Optical Networking - Strong in growth niches
Aug 28th 2012 - Edison Investment Research today published a report on ADVA Optical Networking entitled "Strong In Growth Niches". In summary, the report says:
ADVA is a niche player in the global optical equipment market. Growth is driven by investment in next generation networks (NGNs) due to the explosion in data volumes. Unlike its peers, it has no exposure to legacy technologies and its revenue growth is industry leading. Growth drivers are becoming more diverse and if it delivers on strategy, we see upside earnings risk. Despite this, it trades at a discount to peers.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
