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News Breaks
December 19, 2012
18:18 EDTARRSArris says acquisition to generate $100M-$125M in annual cost synergies
News For ARRS From The Last 14 Days
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February 23, 2015
05:07 EDTARRSARRIS selected to build next-generation HFC broadband network by NBN Co
NBN Co, the government business enterprise tasked with delivering open access broadband network to all Australians, has chosen ARRIS to build its next-generation Hybrid Fiber-Coaxial, or HFC, broadband network. Using HFC technology will allow NBN Co to build upon existing cable infrastructure which will mean significant cost savings for Australian tax-payers over alternative technologies. It also will allow advanced broadband speeds to be delivered to subscribers across Australia.
February 19, 2015
07:19 EDTARRSARRIS results solid, guidance appears conservative, says Brean Capital
Brean Capital said ARRIS reported solid Q4 results, but its guidance appears to be conservative. The firm expects ARRIS to continue to outperform on the back of multiple expansion and upward revision of estimates. Brean Capital reiterated its Buy rating but lowered its price target to $34 from $36 on ARRIS shares.
February 18, 2015
16:03 EDTARRSARRIS sees Q1 adjusted EPS 40c-45c, consensus 55c
Sees Q1 revenue $1.2B-$1.24B, consensus $1.24B. "Our business in the first quarter is being impacted by anticipated reductions in volume, product mix, and price reductions implemented at the beginning of the year," said David Potts, ARRIS CFO.
16:02 EDTARRSARRIS reports Q4 adjusted EPS 78c, consensus 61c
Reports Q4 revenue $1.26B, consensus $1.26B. Order backlog was $631.0M and the company's book-to-bill ratio was 1.03.
15:35 EDTARRSNotable companies reporting after market close
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