Release Date: February 12, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Q: Can you elaborate on the impact of Eastern Europe on the first quarter guidance and whether the year will improve as it progresses? A: The biggest factor affecting the first quarter is the Eastern European comparison. Excluding that, we're seeing double-digit growth. This will be the toughest comparison of the year, and it should get easier as the year progresses. (Bruce McCollin, CEO)
Q: If there were positive developments in Ukraine, could you quickly restart business in Eastern Europe? A: Yes, it's a possibility. While current restrictions prevent us from shipping new hardware, we continue to support customers and are prepared to restart business quickly if allowed. (Bruce McCollin, CEO)
Q: What are the key drivers for the cloud and edge and IP optical segments in the coming year? A: For cloud and edge, the focus is on executing large contracts and maintaining a strong backlog. In IP optical, growth is expected in North America, India, and Europe, with a focus on expanding broadband and critical infrastructure. (Bruce McCollin, CEO)
Q: How significant is the opportunity with AT&T's plan to eliminate copper networks by 2028? A: While I can't provide specific details, we see good traction with service providers, including AT&T, as they modernize networks. Our solutions support both copper elimination and modernization of switching infrastructure. (Bruce McCollin, CEO)
Q: Can you provide more details on the international opportunities for cloud and edge, and how does competition differ internationally? A: Internationally, we're seeing good traction, though it's not as large as in North America. We have wins in Europe and Africa, and our cloud-native products are strategic in these markets. Competitors vary, but the challenges are similar globally. (Bruce McCollin, CEO)
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
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