Xtera Announces Postponement of its Fiscal Second Quarter Earnings Release and Conference Call
12 May 2016 - 10:33AM
Xtera Communications, Inc. (NASDAQ:XCOM), a provider of
high-capacity optical transport solutions, today announced that it
will postpone its fiscal 2016 second quarter earnings announcement
and conference call currently scheduled for Thursday, May 12, 2016,
after the market closes to allow for more time to finalize its
quarterly financial results. Xtera expects to announce its
fiscal second quarter results as soon as possible and will issue a
press release to announce a new date and time for the earnings
release and conference call.
About Xtera Communications,
Inc.
Xtera Communications, Inc. (NASDAQ:XCOM) is a
leading provider of high-capacity, cost-effective optical transport
solutions, supporting the high growth in global demand for
bandwidth. Xtera sells solutions to telecommunications
service providers, content service providers, enterprises and
government entities worldwide. Xtera’s proprietary Wise
RamanTM optical amplification technology leads to capacity and
reach performance advantages over competitive products.
Xtera’s solutions enable cost-effective capacity to meet customers’
bandwidth requirements of today and to support their increasing
bandwidth demand fueled by the development of data centers and
related cloud-based services.
For more information, visit www.xtera.com,
contact info@xtera.com or connect via LinkedIn, Twitter, Facebook
and YouTube.
Forward-Looking Statements
This press release contains forward-looking
statements based on Xtera’s current expectations. All
statements, other than statements of historical facts, included
herein are forward-looking statements. The words
“anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,”
“plan,” “will,” “would,” “seek” and similar expressions (or the
negative of these terms) are intended to identify forward-looking
statements, although not all forward-looking statements contain
these identifying words. These forward-looking statements
reflect the current views and assumptions of Xtera and are subject
to various risks and uncertainties that could cause actual results
to differ materially from expectations. Xtera may not
actually achieve the expectations disclosed in the forward-looking
statements, and you should not place undue reliance on Xtera’s
forward-looking statements. A discussion of various factors
that could cause Xtera’s actual results or achievements to differ
from those expressed in such forward-looking statements are
included in Xtera’s filings with the Securities and Exchange
Commission. Subsequent events may cause these expectations to
change, and Xtera disclaims any obligations to update or alter
these forward-looking statements in the future, whether as a result
of new information, future events or otherwise.
Investor Contact:
David H. Allen | +1 408 427 4463 | IR@xtera.com
Marketing & Sales Contact:
Bertrand Clesca | +33 1 45 48 15 67 | marketing@xtera.com
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