Infinera Corporation Reports First Quarter 2013 Financial Results

Infinera Corporation (NASDAQ: INFN), a leading provider of digital optical communications systems, today released financial results for the first quarter ended March 30, 2013.

GAAP revenues for the first quarter of 2013 were $124.6 million compared to $128.1 million in the fourth quarter of 2012 and $104.7 million in the first quarter of 2012.

GAAP gross margin for the first quarter of 2013 was 34% compared to 34% in the fourth quarter of 2012 and 39% in the first quarter of 2012. GAAP net loss for the quarter was $(15.3) million, or $(0.13) per share, compared to net loss of $(16.1) million, or $(0.14) per share, in the fourth quarter of 2012 and net loss of $(20.6) million, or $(0.19) per share, in the first quarter of 2012.

Anaren's First-Time Exhibit at LIGHTFAIR 2013 Will Feature the Company's New Wireless Solutions for Lighting Applications -- Including LED Lighting Systems From Ephesus Lighting, Inc.; Texas Instruments ZigBee(R) Light Link Solution; and the Pi-Lit System for Highway Emergency Scenarios

Anaren, Inc. (ANEN) today announced that its Anaren Integrated Radio (AIR) team will exhibit at LIGHTFAIR 2013 in Philadelphia, April 23-25 (booth 3754). More specifically, the company's range of lighting-appropriate, Texas Instruments Incorporated (TI)-based AIR modules will be featured -- as well as the company's new Anaren Control Solutions offering, which features Ephesus Lighting Inc.'s new wireless lighting control device, the Ephesus BlackBox, and the Arena Series, LED luminaire designed specifically for stadiums and arenas.

DragonWave Announces Renewed Framework With Nokia Siemens Networks

DragonWave Inc. (DWI.TO)(DRWI) today announced changes to its existing operational framework with Nokia Siemens Networks. In line with the renewed framework, DragonWave will continue to be the preferred, strategic supplier to Nokia Siemens Networks of packet microwave and related products, and the companies will jointly coordinate technology development activities.

The renewed framework will strengthen the alliance between both companies. This reinforces Nokia Siemens Networks' strong commitment to its mobile broadband customers, who will continue to enjoy a complete mobile broadband solution including FlexiPacket Microwave Radios supplied by DragonWave. With this, mobile operators will be able to further drive innovation in the high capacity E-Band and small cell domains.

ADTRAN, Inc. Reports Results for the First Quarter 2013 and Declares Quarterly Cash Dividend

ADTRAN, Inc. (NASDAQ:ADTN) reported results for the first quarter 2013. For the quarter, sales were $143,013,000 compared to $134,735,000 for the first quarter of 2012. Net income was $7,890,000 for the quarter compared to $12,960,000 for the first quarter of 2012. Earnings per share, assuming dilution, were $0.13 for the quarter compared to $0.20 for the first quarter of 2012. Non-GAAP earnings per share for the quarter were $0.17 compared to $0.25 for the first quarter of 2012. The reconciliation between GAAP earnings per share, diluted, and non-GAAP earnings per share, diluted, is in the table provided.