Financial Results, Appointments, New Contracts, and Expanded Product Portfolios - Research Report on JDSU, Ciena, Harris, Arris, and EchoStar

NEW YORK, August 21, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting JDS Uniphase Corporation (NASDAQ: JDSU), CIENA Corp. (NASDAQ: CIEN), Harris Corp. (NYSE: HRS), Arris Group Inc. (NASDAQ: ARRS), and EchoStar Corp. (NASDAQ: SATS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

JDS Uniphase Corporation Research Report

On August 13, 2013, JDS Uniphase Corp. (JDSU) reported its Q4 FY 2013 and full-year FY 2013 financial results (period ended June 29, 2013). For Q4 FY 2013, the Company reported GAAP revenue of $421.3 million, and net income of $92.5 million, or $0.38 per share, compared to net revenue of $434 million, and net loss of $22.2 million or $0.10 loss per share in Q4 FY 2012. For full-year FY 2013, GAAP net revenue totaled $1.7 billion with net income of $57 million or $0.24 per share, compared to GAAP net revenue of $1.7 billion, net loss of $55.6 million or $0.24 per share in FY 2012. "JDSU executed well on its strategic priorities in fiscal Q4," said Tom Waechter, JDSU's President and CEO. "We saw improved demand in a number of areas such as gesture and datacom, which partially offset lower than expected customer demand for optical components in the telecom space. We look ahead to fiscal 2014 with a strategically differentiated and market-leading product portfolio, improved operating leverage and a solid balance sheet." The Company anticipates its non-GAAP net revenue for Q1 FY 2014 to be in the range of $410 to $430 million. The Full Research Report on JDS Uniphase Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f96e_JDSU]

--

CIENA Corp. Research Report

On August 7, 2013, Ciena Corp. (Ciena) announced the appointment of Hector Silva as its Chief Technology Officer and Strategic Sales Leader for the Caribbean and Latin America (CALA) region. As per the Company, his responsibilities include leading Ciena's network architecture teams in CALA as well as working with local sales teams to guide the Company's customers on existing trends like cloud computing and mobile video as well as emerging technologies. Commenting on the appointment, Fabio Medina, General Manager and Vice President of Sales for CALA, said, "Ciena is reinforcing its focus to help our customers navigate this shift and better compete in the marketplace. Hector has strong technical skills across the Ciena portfolio, and can help us achieve our vision for modernizing networks, driving Ciena's expansion in the region and leading our talented group of network architects." Ciena also informed that Mr. Silva has more than 15 years of experience in the telecommunications and technology space. The Full Research Report on CIENA Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cfb8_CIEN]

--

Harris Corp. Research Report

On August 8, 2013, Harris Corp. (Harris) announced that it has been awarded the Network-Centric Solutions-2 (NETCENTS-2) Application Services contract by the United States Air Force. Harris reported that the contract is valued at $960 million over a three-year base period and four one-year options, and enables the Company to compete for a wide range of IT services projects. NETCENTS-2 enables the Air Force to acquire a wide range of IT products and services support and Harris is expected to help the Air Force to sustain its legacy systems, migrate to new systems, and develop new mission capabilities. "The Air Force operates at the cutting edge of technology, and we are excited to work in such a challenging environment," said Wayne Lucernoni, President, Harris IT Services. "We will offer the most effective and efficient services available and partner with the Air Force to stay ahead of its evolving IT requirements." The Full Research Report on Harris Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/38f3_HRS]

--

Arris Group Inc. Research Report

On August 6, 2013, ARRIS Group Inc. (Arris) announced that it is showcasing its expanded range of end to end communications and entertainment solutions for pay-TV and broadband service providers at ABTA 2013 event. As per the Company, its portfolio leverages on the expertise and combined innovation from its recent acquisition of Motorola Home. "Brazil is set to experience unprecedented growth in connected home and video services such as multiscreen," said German Iaryczower, SVP sales, Caribbean and Latin America, ARRIS. "At ABTA, we're not only addressing the related trends in personalization, advertising, bandwidth, and more-we're introducing global, end-to-end solutions that local providers can use to fuel their growth across the entire spectrum of future services." The Full Research Report on Arris Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f104_ARRS]

--

EchoStar Corp. Research Report

On August 6, 2013, EchoStar Corp. (EchoStar) reported its Q2 2013 financial results with revenue totaling $830 million, compared to $806 million in Q2 2012. Net loss attributable to EchoStar shareholders came in at $9.8 million and diluted loss per share was $0.11, compared with net income attributable to EchoStar shareholders of $35.7 million and diluted EPS of $0.41 in Q2 2012. The Full Research Report on EchoStar Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d089_SATS]

----

EDITOR NOTES:

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

AnalystsCorner.com

SOURCE Analysts' Corner