Xtera Communications (XCOM) Delays Q2 Earnings Release, Conf. Call

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Needham & Company Cuts Price Target on Xtera Communications (XCOM) Following 2Q

May 17, 2016 1:26 PM EDT

Needham & Company maintained a Buy rating on Xtera Communications (NASDAQ: XCOM), and cut the price target to $5.00 (from $9.00), following the company's 2Q earnings report. The company missed the March quarter due to constraints on Line Card shipment which cut shipments of line cards by $5-$7... More

Xtera Communications (XCOM) Misses Q2 EPS by 5c

May 16, 2016 4:24 PM EDT

Xtera Communications (NASDAQ: XCOM) reported Q2 EPS of ($0.35), $0.05 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $17.1 million versus the consensus estimate of $23 million.

For earnings history and earnings-related data on Xtera Communications (XCOM) click here.

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