http://www.semiconductor-today.com/news_items/2016/nov/oclaro_031116.shtml

"For its fiscal first-quarter 2017 (ended 1 October 2016), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported a fifth consecutive quarter of 7%-or-greater sequential revenue growth, to another record of $135.5m (above the $126-134m guidance). This is up 8% on $125.2m last quarter (a 14-week quarter) and up 55% on $87.6m a year ago.

Growth was driven by 100G-and-beyond sales growing by about 20% for the fifth consecutive quarter, to $97.8m (72% of total revenue), up 23% on $79.7m (64% of revenue) last quarter and up 140% on $40.8m (47% of revenue) a year ago.

For 40G-and-lower speeds, revenue fell further, from $46.8m (53% of total revenue) a year ago and $45.5m (36% of revenue) last quarter to $37.7m (28% of revenue), driven mainly by the tapering down of $3m of 40G end-of-life products and the loss of the extra week of 10G sales compared with the 14-week fiscal Q4.

Client-side (datacom) sales were $68.4m, up 5% on $65.5m last quarter and up 44% on $47.5m a year ago. Line-side (telecom) sales were $67.1m, up 12% on $59.7m last quarter and up 68% on $40m a year ago. In particular, 100G revenue was approximately evenly split between the client-side and line-side markets.

By region, China comprised 43% of total revenue (roughly level with last quarter), Southeast Asia 23% (up from 16% last quarter, after revenue growth of 46%), the Americas 19% (down from 23%), and Europe 13% (down from 16%). However, demand in Southeast Asia is coming from contract manufacturers serving North American and European customers.

"The September quarter again demonstrated the continued strong performance of the company and the vitality of the global 100G market," says CEO Greg Dougherty. "We exceeded our guidance in all areas," he adds."