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.
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