Stock Research Monitor: KN, LITE, and MITL

LONDON, UK / ACCESSWIRE / May 15, 2018/ If you want a free Stock Review on INFN sign up now at www.wallstequities.com/registration. For today, WallStEquities.com evaluates Infinera Corp. (NASDAQ: INFN), Knowles Corp. (NYSE: KN), Lumentum Holdings Inc. (NASDAQ: LITE), and Mitel Networks Corp. (NASDAQ: MITL). These stocks are part of the Communication Equipment sector, which includes companies, whose primary business involves the physical transmission of telecommunications and related network services, the production of telecommunications equipment, and the delivery of multimedia content through television and related telecommunications activities. All you have to do is sign up today for this free limited time offer by clicking the link below.

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Infinera

On Monday, shares in Sunnyvale, California headquartered Infinera Corp. recorded a trading volume of 2.71 million shares, which was above their three months average volume of 1.52 million shares. The stock ended the session 2.46% lower at $9.91. The Company's shares have gained 9.02% over the previous three months and 4.21% over the past year. The stock is trading 11.76% above its 200-day moving average. Moreover, shares of Infinera, which provides optical transport networking solutions, equipment, and software and services worldwide, have a Relative Strength Index (RSI) of 34.89.

On May 09th, 2018, Infinera released its results for its Q1 ended March 31st, 2018. GAAP revenue for the quarter was $202.7 million, GAAP gross margin was 40.5%, and GAAP net loss was $(26.3) million. Non-GAAP gross margin for Q1 2018 was 43.7%, and non-GAAP net loss was $(7.2) million.

On May 10th, 2018, research firm Needham reiterated its ?Strong Buy' rating on the Company's stock with an increase of the target price from $12 a share to $14 a share. Get the full research report on INFN for free by clicking below at:

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Knowles

Itasca, Illinois headquartered Knowles Corp.'s stock closed the day 2.03% higher at $14.10 with a total trading volume of 1.02 million shares. The Company's shares have advanced 11.20% in the past month and 2.69% in the previous three months. The stock is trading 8.92% above its 50-day moving average. Additionally, shares of Knowles, which designs, manufactures, and sells micro-acoustic, audio processing, and precision device solutions to the mobile consumer electronics, industrial, defense, aerospace medical, and telecommunications markets worldwide, have an RSI of 67.92.

On April 26th, 2018, Knowles announced its results for Q1 ended March 31st, 2018. Revenues for Q1 2018 were $178.5 million, gross profit was $65.3 million, and operating expenses were $61.0 million. R&D expenses for the quarter were $24.8 million, and selling and administrative expenses were $35.8 million. Free research on KN can be accessed at:


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Lumentum Holdings

Shares in Milpitas, California headquartered Lumentum Holdings Inc. recorded a trading volume of 1.96 million shares. The stock ended yesterday's trading session 2.22% higher at $64.50. The Company's shares have advanced 0.31% in the past month, 13.36% in the previous three months, and 20.79% over the past year. The stock is trading above its 50-day and 200-day moving averages by 3.00% and 13.21%, respectively. Furthermore, shares of Lumentum, which manufactures and sells optical and photonic products in the Americas, Asia/Pacific, EMEA region, have an RSI of 58.53.

On May 02nd, 2018, Lumentum reported the results for its fiscal Q3 ended March 31st, 2018. Net revenue for Q3 FY018 was $298.8 million, GAAP net income was $2.7 million, and non-GAAP net income was $50.6 million. The Company held $692.8 million in total cash and short-term investments at the end of the quarter.

On May 03rd, 2018, research firm JP Morgan initiated a 'Neutral' rating on the Company's stock. Visit WallStEquities.com now and sign up for the free research on LITE at:

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Mitel Networks

Ottawa, Canada headquartered Mitel Networks Corp.'s stock finished Monday's session 0.36% higher at $11.14 with a total trading volume of 1.30 million shares. The Company's shares have advanced 16.77% in the last month, 34.38% over the previous three months, and 70.60% over the past year. The stock is trading above its 50-day and 200-day moving averages by 13.71% and 28.19%, respectively. Additionally, shares of Mitel Networks, which provides cloud and on-site business communications and collaboration software, services, and solutions, have an RSI of 72.34.

On April 18th, 2018, Mitel Networks (MITL) announced that CRN®, a brand of The Channel Company, has named Mike Conlon, Vice President of Global Channels for MITL, to its prestigious list of 2018 Channel Chiefs. The executives on this annual list represent top leaders, in the IT channel, who excel at driving growth and revenue in their organization through channel partners. The free technical report on MITL is available at:

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