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JDS Uniphase Corp (JDSU): This Stock Has Kept Investors Waiting, But for How Long?

Product development as strong as ever

JDS Uniphase’s solid product developments moves have been very successful, as its new products (less than a couple of years old) have brought more than half of its core network-related revenue for eight quarters on the trot, clocking as much as 64% in the previous quarter. The company is focused on developing products to address the growth of cloud computing infrastructure by providing components that enable all round connectivity in data centers.

Its new products are gathering steam, as JDS Uniphase Corp (NASDAQ:JDSU) reported that it was unable to meet the demand for certain products in the previous quarter due to capacity constraints, but it is now in a position to do so. Moreover, the company is exiting legacy products as it focuses on next generation components, which is undoubtedly a smart move.

The takeaway

It goes without saying that JDS Uniphase hasn’t performed as was expected of it, but it shouldn’t be ignored that the company is well-placed in the optical networking industry through its relationship with several key infrastructure and equipment providers, serving different markets.

The year has been sluggish so far, but there were indications of a bottom in the previous quarter’s report as Uniphase’s book-to-bill ratio exceeded unity. However, if you have your money invested in this stock, then you need to be patient and wait for the company’s design wins to actually translate into revenue.

The article This Stock Has Kept Investors Waiting, But for How Long? originally appeared on and is written by Harsh Chauhan.

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