They have still not factored in any increase from CenturyLink in future results. If they return to more normal spending, this would provide a lot of upside to results.
Unrelated intro comments from Fallon:
...Digging deeper into the progress with our portfolio refresh, we added 10 new ICE4 customers in Q1, bringing our total to 27, with most ICE4 revenue to date from cable, ICP and subsea customers. In metro, having introduced XTM II late in 2017, we had a solid Q1, adding 13 new XTM II customers, bringing our total number of XTM II customers to 25. (that is more than double) With growth in the metro being driven by a heightened demand for robust packet-optical solutions, I'm pleased that the XTM II is being well received by the market. My expectation is that ICE4 and XTM II should continue to increase as a percentage of our overall mix over the course of the year.
In particular, completing our portfolio refresh will improve our positioning with traditional service providers, who can now upgrade their existing DTN-X networks with a new 1.2 terabit line card. We have successful early traction here with 10 customers already having placed orders, and we anticipate continued customer growth for the remainder of the year. Additionally, 2.4 terabit XT-3600 will be a compelling solution for service providers looking to build new long-haul and metro networks and will complete our portfolio refresh. The XT-3600 is slated to begin shipping later in Q2, with first revenue expected in Q3. ... |
