During the corresponding time, Finisar Corp saw a revenue deteriorated by -10.71 % year on year, sequentially revenue fell by -7.46 %. While revenue at the Finisar Corp's corporate clients
Finisar's Comment on Sales, Marketing and Customers
We sell our products primarily to manufacturers of storage systems, networking
equipment and telecommunication equipment such as Broadcom, Ciena, Cisco Systems,
Dell EMC, Ericsson, FiberHome, Fujitsu, Hewlett Packard Enterprise, Huawei,
IBM, Juniper, Nokia, QLogic, and ZTE, and to their contract manufacturers. These
customers, in turn, sell their systems to businesses and to wireline and wireless
telecommunication service providers and cable TV operators, collectively referred
to as carriers. We also sell products to end-users.
Demand for our products is largely driven by the continually growing need for
additional network bandwidth created by the ongoing proliferation of data and
video traffic from video downloads, Internet protocol TV, social networking,
on-line gaming, file sharing, enterprise IP/Internet traffic, cloud computing,
and data center virtualization that must be handled by both wireline and wireless
networks. Mobile traffic is increasing as the result of proliferation of smartphones,
tablet computers, and other mobile devices.
Two customers, Cisco Systems and Google, represented more than 10% of our total
revenues.
Sources:
Finisar Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Finisar Corp’s corporate clients.
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