Xtera Announces Fiscal Second Quarter Financial Results

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BMO Capital Downgrades Xtera Communications (XCOM) to Market Perform

May 18, 2016 6:20 AM EDT

BMO Capital downgraded Xtera Communications (NASDAQ: XCOM) from Outperform to Market Perform with a price target of $2.50 (from $6.00).

Analyst Tim Long commented, "We are downgrading our rating on the stock from Outperform to Market Perform. We believe the traction in contract signings,... More

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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