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Re: INFN
The guidance is soft for next quarter and it mentions Century
Link delay in closing will continue to have a negative effect:
"Now turning to our outlook for the fourth quarter of 2017, we
currently project revenue of $190 million, plus or minus $5
million. The midpoint of this range is slightly down on a
sequential basis and up 5% on a year-over-year basis. This
expectation reflects our anticipation of a continued ramp in the
CX2 and XT Series, offset by a further decline at the new
CenturyLink due to the delay in the transaction closing and
softness at certain ICP customers. In Q4, we also anticipate the
initial revenue contributions from our recently launched XTM II
16QAM metro edge platform, although we expect more substantial
contributions over the course of FY 2018 as key existing customers
adopt the platform. As it is always difficult to predict weather
and to what extent we could benefit from year-end budget flush, we
have not made much upside into our guidance."
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