Communications Equipment

The Practical Solution Public Company Limited, or TPS, has launched "TALLI," an artificial intelligence platform developed by a Thai team to meet enterprise use cases. Boonsom Kijkasetsthaporn, an executive at TPS, said TALLI boosts operational efficiency within organizations, letting users access data conveniently, quickly, and accurately under the access rights, usage scope, and governance rules set by each organization. The launch marks another important step for TPS in leveraging its IT expertise to expand into new solutions and broaden its customer base. Meanwhile, the outlook for third-quarter 2026 earnings remains positive, driven by the gradual recognition of revenue from its backlog, which currently stands at approximately 1.784 billion baht and will be recognized according to plan. TPS continues to pursue bids and develop new solutions amid rising demand for digital and AI technology in the business sector.

The Practical Solution Public Company Limited, or TPS, has launched the TALLI platform, a fully Thai-built AI platform developed from the company's IT expertise. Boonsom Kijkasetsthaporn said TALLI will boost operational efficiency within client organizations, giving them convenient, fast, accurate and correct access to data within defined permissions, scope and governance. The company sees the launch as an opportunity to expand its core business and a positive signal for its third-quarter 2026 performance. The company currently has a backlog awaiting revenue recognition of 1.784 billion baht.

Viasat Inc., through its subsidiary Inmarsat Government, Inc., was awarded the U.S. Space Force's MECS2 contract in September 2026, securing an initial US$42 million task order under a seven-year Indefinite Delivery/Indefinite Quantity agreement with a ceiling of up to US$307 million to provide fully managed global SATCOM services for the U.S. Marine Corps. The award deepens Viasat's role in secure, multi-orbit government communications and highlights the importance of its ViaSat-3-enabled Ka-band network and 24x7 managed services capabilities. The company's narrative projects $5.5 billion revenue and $626.3 million earnings by 2029, with forecasts yielding a $103.94 fair value, a 44% upside to its current price. Some of the lowest ranked analysts were far more cautious, assuming only about 3.9 percent annual revenue growth and continued losses. The MECS2 award looks incrementally positive for the investment thesis, reinforcing defense demand and multi-orbit capabilities, but it does not by itself resolve near term pressure from high ViaSat-3 and Inmarsat capex or the risk that broadband subscriber declines keep weighing on revenue quality.

Arista Networks raised its 2026 revenue guidance to US$12.60 billion, including at least US$3.50 billion from AI-related business, after reporting second-quarter fiscal 2026 revenue of US$3.00 billion, a 37.7% year-over-year increase. The higher outlook underscores how AI-driven cloud networking has become a central revenue pillar for the company, shaping its growth mix across hyperscale and enterprise customers. Arista was also added to the S&P 100 in September 2026, a move that reflects its growing weight in large-cap U.S. equity indices just as management ties more of its outlook to AI-related revenue. The company's longer-range narrative projects US$21.4 billion in revenue and US$8.2 billion in earnings by 2029, requiring 26.6% yearly revenue growth and an earnings increase of about US$4.2 billion from US$4.0 billion today. Some of the lowest-ranked analysts had already assumed about US$18.6 billion of 2029 revenue and US$6.9 billion of earnings before this guidance, illustrating how differently Arista's AI exposure and long-term supply commitments can be read.

Harmonic Inc. introduced Recon, a Comcast co-developed network monitoring and measurement family that pairs in-network hardware, handheld tools and cloud software to give broadband operators real-time visibility into fiber performance and fault locations. In parallel, Harmonic's cOS virtualized broadband platform is enabling operators like Lightcurve to deliver multi-gigabit speeds over existing coax. The Recon announcement ties most directly to Harmonic's push around cOS SensAI, since Recon's field data feeds SensAI's intelligence layer for proactive fault detection and remediation. Harmonic's narrative projects $609.8 million revenue and $92.1 million earnings by 2029, requiring 15.3% yearly revenue growth and about an $83.6 million earnings increase from $8.5 million today, while some of the lowest estimate analysts assume revenue of about US$571,000,000 and earnings of roughly US$80,000,000 by 2029.

ALT Telecom Public Company Limited, or ALT, disclosed that it is in negotiations for additional deals with global-tier customers, the Global Hyperscalers, in the fourth quarter of 2026, after signing network and digital infrastructure lease contracts worth a total of approximately 2 billion baht in the third quarter of 2026, with a contract term of 20 years. Preeyaporn Tangpaosak, Managing Director, told the Stock Vision news team that the company targets double-digit growth in revenue in the second half of 2026, driven by recurring revenue recognition from its existing network. The expansion of its large-customer base has raised the value of work awaiting revenue recognition, or backlog, for the group from 5.115 billion baht as of the second quarter of 2026 to approximately 6.9 billion baht in September 2026. The company is also proceeding with bids for smart grid power network systems and AMI smart meter installation work for the Provincial Electricity Authority and the Metropolitan Electricity Authority, as well as government work in security and digital fields, with a combined value of several billion baht. It is also pushing to connect networks in the Eastern Economic Corridor, or EEC, with data centers in Bangkok and overseas, setting a target internal rate of return, or IRR, for new projects of no less than 10 to 15 percent. The company sees three key drivers supporting revenue and profit growth over the next 12 to 18 months: the data center and AI trend, growth in smart meter and smart grid work, and margin expansion from operating leverage.

Calix, Inc. CALX announced the successful completion of a trial of its 50G-PON access solution with Astound, demonstrating a scalable path for broadband providers to expand network capacity without major network overhauls. The trial showed the technology supports downstream speeds of up to 50 gigabits per second, along with flexible upstream capabilities, and lets Astound pursue growth across residential, business, wholesale and multi-tenant markets. The solution can operate alongside existing XGS-PON infrastructure while using the same AXOS-powered operational model, workflows and back-office integrations, allowing providers to add higher-capacity services while preserving existing network and operational investments. Calix said the technology can help operators scale their networks as demand grows for enterprise connectivity, dedicated access, wholesale transport, mobile x-haul and high-density multi-tenant environments.

Ericsson has been selected by Cellnex Poland as one of the suppliers for the modernization and expansion of its Radio Access Network, covering radios, RAN compute modules, microwave links, antennas and enclosures. The deployment is designed to improve network coverage, speeds and reliability across urban and rural areas while reducing site footprint, energy consumption and tower load. Post-deployment, Cellnex will become Ericsson's lead customer for the MINI-LINK 6356 E-band radio, and the project will also feature Ericsson's Transport Automation Controller for microwave backhaul, enabling AI-driven automation and network management. The agreement is particularly relevant to Ericsson's Networks segment, which accounted for 63.8% of the company's 2025 net sales, and comes as Ericsson reported second-quarter 2026 revenues that fell 6% year over year to SEK 52.7 billion, missing the Zacks Consensus Estimate, while adjusted gross margin increased to 48.4%.

Inseego Corp. announced the completion of its acquisition of Nokia's Fixed Wireless Access business, a deal first announced on April 30, 2026. The transaction is expected to approximately double Inseego's revenue and position the company as a global wireless broadband leader, adding indoor, outdoor and millimeter-wave FWA solutions and extending its footprint to carriers across Europe, the Middle East, Asia, Oceania, and the Americas. Under the terms of the acquisition and Nokia's $10 million cash investment in Inseego, also completed today, Nokia received approximately 1.9 million shares of Inseego common stock, representing an approximately 11% ownership interest, plus warrants to purchase up to approximately 0.8 million shares at an exercise price of $4.26 per share. Nokia will also provide a $10 million cash payment to Inseego by October 15, 2026 to support engineering investment in interoperability between Inseego's device OS and cloud platform and certain Nokia technology ecosystems. Approximately 250 people associated with the acquired business will support Inseego's expanded operations, and Inseego has established an international headquarters in Amsterdam and a development center in Athens while expanding its presence in Bangalore.

ICEYE and Nokia announced a partnership to develop secure, sovereign and high-performance broadband low Earth orbit satellite communications systems for governments, supporting missions from defense and border security to emergency services and disaster response. Built on trusted European technology, the jointly developed systems will give nations ownership and control of the satellites, ground segment and terminals, with the first communications satellites expected to be launched in 2028. The systems will deliver targeted, high-throughput, low-latency connectivity over priority mission areas, designed to complement military and commercial networks rather than replace them. The partnership combines ICEYE's track record delivering sovereign satellite missions with Nokia's experience in secure networking technologies and growing defense portfolio, integrating satellites, ground infrastructure and ruggedized end-user terminals. ICEYE CEO and Co-founder Rafal Modrzewski said nations must be able to fully own and control their communications without dependency on a foreign commercial operator's terms of service, while Nokia President and CEO Justin Hotard said sovereign operations depend on secure, resilient connectivity across land, sea, air and space. Modrzewski and Hotard will take the stage at the Helsinki Security Forum on October 2 for a session titled "How to Salvage Europe's Technological Sovereignty."

Bell Canada and Cisco announced a memorandum of understanding in late September 2026 to build a sovereign AI infrastructure platform in Canada, pairing Bell's domestic data centres and networks with Cisco's AI, security, observability, and Sovereign Critical Infrastructure technologies for customers with strict data residency and control needs. The partnership sits alongside Cisco's US$9.3b in hyperscale AI infrastructure orders for FY26 and US$7.5b of expected related FY27 revenue, extending the same AI networking and security capabilities toward government and regulated workloads. Cisco's investment narrative projects $83.4 billion in revenue and $20.1 billion in earnings by 2029, requiring 9.6% yearly revenue growth and a $6.8 billion earnings increase from $13.3 billion today, with a $137.25 fair value estimate implying 28% upside. Some of the most optimistic analysts see Cisco reaching about US$90.6b in revenue and US$23.0b in earnings by 2029, while other fair value estimates put the stock as low as $110.56. The MOU reinforces the AI and regulated-sector demand story but does not materially change the near-term gross margin headwind or the risk that investors reassess Cisco's growth and earnings multiple.

Shares of ALT Telecom, or ALT, rose 3.01% to 1.71 baht at 10:02 a.m. after the company signed a contract for a fiber optic network project along the Bangkok-EEC route linked to data centers, with a total value of approximately 2 billion baht, and it will begin recognizing revenue in the middle of next year. KGI Securities (Thailand) said in an analysis, giving a base target price of 3.0 baht, that it expects ALT to be one of the stocks benefiting from the unlocking of the PDP2026 plan and data centers this October. It also expects that the investment project to replace smart meters to support Thailand's energy transition will be an upside. Currently ALT holds a 40% stake in Energy Max, which operates a smart meter business, while the other 50% is held by PIS, a subsidiary of SKY, and it is expected that in the third quarter of 2026 there is a chance of recording an extraordinary profit from selling Energy Max shares to PIS. It estimates support at 1.65 baht and resistance at 1.71-1.75 baht; if this resistance range is broken, the next resistance is estimated at 1.80-1.90 baht, with a stop loss at 1.60 baht.

Inseego Corp. announced that Nick Lambourne has joined the company as Chief Technology Officer, where he will lead its global engineering organization across hardware, embedded software, and cloud platforms. Lambourne most recently served as CTO of Particle, and previously held engineering and business leadership roles at Roku, Automatic, and SiriusXM, led Android platform development at Broadcom, and began his career developing cellular silicon for Nokia and Samsung phones. He succeeds Vishal Donthireddy, who is leaving Inseego after more than two decades with the company. CEO Juho Sarvikas said Lambourne's cellular expertise and international engineering experience will be critical as Inseego integrates its existing engineering operations with those from its planned acquisition of Nokia's Fixed Wireless Access business into a single global organization. Lambourne will also lead Inseego's efforts to accelerate AI across the entire software cycle.

Cisco Systems said enterprises are giving AI agents more control over network operations, citing a survey of 1,000 technology leaders conducted by Omdia for Cisco in which the average organization reported roughly 4,100 monitoring events a day. Cisco estimated that clearing the daily network alert backlog by hand would take about 100 specialists, and 86% of respondents favored a single integrated platform, giving the company an opening to sell networking, security and observability together. Shares slipped about 0.4% to $106.265 at 11.25am ET on September 29. That opening still has to turn into sales, with investors needing to see platform bookings, more customers adopting Splunk alongside Cisco products, and faster incident resolution. The chart places Cisco's $106.265 share price 41.93% above its $74.87 GF Value estimate.

Calix announced that Astound has successfully completed a trial of the Calix 50G-PON access solution, validating a seamless path to higher-capacity services on the Calix One platform. The trial enabled 50 gigabits per second of downstream speeds and flexible upstream speeds, demonstrating how Astound can build on its existing network and operational investments to deliver high-capacity, multi-gig converged services for both commercial and residential customers on a single, unified network. Astound validated that 50G-PON operates alongside its existing XGS-PON-enabled infrastructure using the same AXOS-powered operational model, workflows, and back-office integrations, allowing deployment without overhauling its network. Lamar Horton, SVP of engineering at Astound, said the trial gives the company confidence it can drive new revenue streams without incremental network or operational complexity, while Shane Eleniak, chief product officer at Calix, said the trial shows providers can evolve to 50G-PON without disrupting how they operate today. Calix, an AI platform company, said more than 1,200 customers use the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.

Motorola Solutions has acquired DeepNeuronic, a Portuguese developer of AI video analytics, in a deal advised by Young America Capital. Motorola Solutions acquired 100% of DeepNeuronic's share capital, including its Brazilian subsidiary, with terms not disclosed. DeepNeuronic was founded in 2021 by Vasco Lopes and Bruno Degardin, who met at Portugal's University of Beira Interior and earned their PhDs there in artificial intelligence and computer vision. Its software reads live camera feeds and flags incidents as they happen, and is already used by highway operators, airports, manufacturers and retailers in Portugal and Brazil. Motorola Solutions will build the technology into Avigilon, its video security platform, which serves customers in more than 100 countries, and DeepNeuronic's 17-person team is joining Motorola Solutions and will stay in Covilhã. Ran Zfoni, Vice President and Head of Israel & Europe Tech at Young America Capital, advised DeepNeuronic's founders through the transaction, while Cuatrecasas served as legal counsel to DeepNeuronic with a team led by partner Vasco Bivar de Azevedo.

VIAVI Solutions Inc. introduced the CyberFlood CF50, which it calls the industry's smallest and lightest all-in-one platform for enterprise-scale application performance, security, AI inference and large-language model testing up to 100G. The 1U appliance also features the industry's lowest power consumption and highest TLS performance with native PQC support, delivering TLS performance 1.75X that of the nearest competitor. The CF50 combines realistic Layer 4-7 traffic generation, security assessment and AI inference testing in a portable, power-efficient platform aimed at network equipment manufacturers, systems integrators and service providers. It includes an easy-to-use web interface with no requirement for an MS Windows client, plus automated goal-seeking, MITRE ATT&CK frameworks and repeatable traffic-mix testing. The CF50 joins the CyberFlood CF1000, which is targeted at large enterprises demanding the highest level of performance.

Wanma Technology announced that it has set September 29, 2026 as the reserved grant date, granting 400,000 restricted shares to 9 reserved incentive recipients at a grant price of 18.09 yuan per share. In the first half of 2026, Wanma Technology achieved revenue of 409 million yuan and net profit attributable to the parent of 17.52 million yuan.

Nokia Oyj is extending its partnership with Microsoft Corporation to build an agentic, unified data foundation that combines Nokia Data Suite with Microsoft Fabric to enable AI-driven telecommunications network operations. The collaboration integrates network data products with Microsoft's cloud analytics and AI capabilities, allowing operators to access structured network data in minutes rather than weeks, and the solution is currently available, building on existing agreements across cloud infrastructure, security, and AI workloads. For Nokia, the integration accelerates monetization within its AI & Cloud segment, where order intake reached €2.8 billion in Q2 2026 and net sales to AI & Cloud customers surged 105% year-over-year, supported by €2.78 billion in net cash. For Microsoft, the move strengthens Azure's enterprise ecosystem, supporting Azure's 43% revenue growth in Q4 FY26 and expanding Microsoft Cloud revenue beyond its $59.3 billion quarterly base. Nokia's reported operating margin fell to (1.0)% in Q2 2026 on accelerated restructuring expenses, while Microsoft's FY26 total revenue reached $331.8 billion amid heavy AI infrastructure spending.

Motorola Solutions announced on September 9 that its Board of Directors approved a $2 billion expansion of its share repurchase program, lifting the company's cumulative repurchase authorization since July 2011 to $20 billion. The increase builds on a previously authorized $18 billion buyback plan that had roughly $0.6 billion in remaining capacity at the end of Q2 2026, and the updated program carries no fixed expiration date. The company generated $469 million in operating cash flow in Q2 2026, up $197 million year over year, alongside $414 million in free cash flow, while revenue rose 13% to $3.1 billion and non-GAAP EPS grew 24% to $4.41. Motorola also agreed in Q2 2026 to acquire counter-drone technology firm D-Fend Solutions for $1.5 billion, adding integration expenses that could temporarily pressure profitability. Management retains flexibility to repurchase shares through open-market or privately negotiated transactions, though the buyback must compete with debt reduction, elevated memory and component costs, and acquisition integration.

Arista Networks is positioning its EOS software and AI networking expertise as a durable competitive moat as AI data centers scale up. The company's second-quarter revenue jumped 37.7% year over year to $3.04 billion, its first quarter above $3 billion, and management raised its 2026 revenue-growth target to roughly 40%, or about $12.6 billion. Management says more than 100 customers now use its Etherlink AI fabric products, up from only four or five a couple of years ago, and the technology supports multiple accelerator architectures including AMD's accelerators and Google's TPUs. The stock is up 54.08% year-to-date, and shares trade at roughly 39.2x forward earnings, though gross margin fell year over year in the second quarter amid tight supplies and rising component costs. Competitors including Cisco and Broadcom are also chasing AI infrastructure spending, while hedge funds tracked by Insider Monkey increased their holdings from 85 to 91 between the end of Q1 and the end of Q2 2026, with position value rising from about $5.21 billion to $6.77 billion.

Motorola Solutions ended the second quarter of 2026 with a record backlog of $15.6 billion, up 11% year over year, and raised its full-year 2026 revenue outlook to approximately $12.975 billion from a previous projection of $12.8 billion. Within that total, Software and Services accounted for $11.8 billion of backlog, up $1.2 billion year over year on multiyear contracts across Mission Critical Networks, Video and Command Center, while Products & Systems Integration contributed $3.8 billion, up $329 million on strong demand for Mission Critical Networks and Video. Revenue rose 13% year over year to $3.13 billion, with double-digit growth in both operating segments, as strong LMR demand, accelerated quick-turn conversion and stronger-than-expected device shipments sped the conversion of orders into revenue. Keysight Technologies reported fiscal third-quarter orders up 56% year over year to $2.091 billion and revenue up 36% to $1.846 billion, while Cisco Systems closed fiscal 2026 with $9.3 billion in hyperscaler AI infrastructure orders, about 4.5 times fiscal 2025, and expects hyperscaler AI revenues of $7.5 billion in fiscal 2027. MSI shares trade at 24.48 forward earnings, below the industry average of 29.76, and carry a Zacks Rank #3 (Hold).

Teleste announced a new receiver for its Luminato 4X4 platform that lets operators deliver live over-the-top television streams to sites using conventional cable or IPTV distribution. Available in the fourth quarter of 2026, the receiver converts incoming OTT streams into the formats local systems require, so operators can extend their television offering without changing their delivery network or the site's television distribution. The adaptive bitrate receiver supports live MPEG-DASH streams and decryption of content protected by Widevine DRM, converting these services into MPEG transport streams for local IP multicast or QAM distribution, with IP and QAM outputs able to operate simultaneously. For cable distribution, the dense QAM module supports up to 32 QAM carriers per module, with support for DVB-C and ITU-T J.83 Annex B, while the Luminato 4X4 chassis accommodates up to six hot-swappable modules and dual power supplies. Julius Tikkanen, Vice President, Video Service Platforms at Teleste, said moving the incoming television feed to streaming does not mean every screen has to become a streaming device, and that Luminato handles that transition at the receiving site. The receiver will be available for both new Luminato 4X4 systems and compatible existing installations, with hotels, hospitals, care facilities and multi-dwelling properties cited as natural applications.

Comporium, Inc. has selected Teleste as the sole supplier of amplifiers and network management solutions for its future HFC upgrades following a competitive RFP process. The decision covers Teleste's 1.8 GHz-capable ICON3000 line extenders and ICON4000 system amplifiers equipped with plug-in transponders, together with the Teleste Argus Network Management System and Virtual Device Manager, known as VDM. Comporium, a diversified communications provider serving more than 145,000 customers across the Carolinas, said the ICON amplifiers stood out in outside plant for RF performance, usability and speed of installation, while Argus, VDM and Teleste's amplifier telemetry were chosen for their maturity, feature depth and operational value. Mike Deller, Senior Vice President of Engineering and Planning at Comporium, said the ICON3000 and ICON4000 exceeded the desired RF performance during a field trial in the company's own plant. Steve Condra, Senior Vice President of North America Sales for Teleste, said the selection was not a single-product choice and that being named sole supplier reflects the maturity of the complete platform. Deployment will follow Comporium's priorities as it advances its high-split modernization and prepares for a later transition to 1.8 GHz.

On September 28, three ChiNext companies previously under risk warnings completed the removal procedures one after another, ushering in an intensive period of having their special designations lifted. Yilong Information Technology Co., Ltd. resumed trading on September 28 and removed its other risk warning, with its stock abbreviation changed from ST Yilong to Yilong, its stock code remaining 300096, and its daily price limit remaining 20 percent. An arbitration ruling confirmed that the company bears no joint liability for its irregular guarantee matters, and the non-operating capital occupation by related parties arising from irregular loans has been eliminated. Jiangsu Yitong High-Tech Co., Ltd. will remove its delisting risk warning from the market open on September 29, with its stock abbreviation changed from asterisk ST Yitong to Yitong Technology and its stock code remaining 300211. The company achieved full-year revenue of 191 million yuan in 2025, with revenue after deductions of 168 million yuan, and net assets of 458 million yuan at the end of 2025. China Shipbuilding Industry Group Emergency Warning and Rescue Equipment Co., Ltd. will resume trading and remove its other risk warning from the market open on September 30, with its securities abbreviation changed from ST Emergency to CSSC Emergency and its securities code remaining 300527. Twelve months have passed since the company received its administrative penalty decision on September 16, 2025, meeting the conditions for applying for removal.

Zhuoyi Technology announced on September 28 that its controlling shareholder, Heshan Weilai Shenzhen Investment Partnership, plans to provide the company with an interest-free loan totaling 20 million yuan, with a term of one year from the date each tranche is received. This transaction constitutes a related-party transaction. In the first half of 2026, Zhuoyi Technology achieved revenue of 795 million yuan and a net loss attributable to the parent company of 65.67 million yuan.

Evercore ISI upgraded Ciena Corporation to Outperform with a higher price target, citing the company's position as a dedicated optical systems provider for AI data centers. The upgrade came alongside a special call in which analysts highlighted Ciena's strong positioning in optical networking as artificial intelligence infrastructure expands across global data centers, and it was reinforced by upward earnings estimate revisions pointing to growing confidence that Ciena can capture rising demand for high-bandwidth AI connectivity. Ciena's narrative projects $11.1 billion in revenue and $1.8 billion in earnings by 2029, requiring 25.8% yearly revenue growth and a $1.4 billion earnings increase from $438.3 million today, and yields a $551.86 fair value, a 55% upside to its current price. Some of the lowest ranked analysts were already assuming revenue of about US$10.3 billion and earnings of roughly US$1.5 billion by 2029, yet still see sharper risks from commoditization and hyperscaler bargaining power than the consensus does. The biggest risk remains Ciena's dependence on a small group of hyperscaler and telco customers, whose spending plans can shift quickly.

On the evening of September 24, ST Yitong, stock code 300211, issued an announcement disclosing that its application to revoke the delisting risk warning had been reviewed and approved by the Shenzhen Stock Exchange. Under the arrangement, trading in the company's shares will be suspended for one day starting from the market open on September 28, and will resume from the market open on September 29. The stock abbreviation will change from ST Yitong to Yitong Technology, while the stock code will remain unchanged and the daily price limit will stay at 20 percent. In May 2025, the company's shares were placed under a delisting risk warning because its audited total profit, net profit, and net profit excluding non-recurring items for 2024 were all negative, and its revenue after deductions was below 100 million yuan. The turning point came with the 2025 annual report. The financial data showed that the company achieved revenue of 190.58 million yuan in 2025, with revenue after deductions of 167.52 million yuan and closing net assets of 457.81 million yuan. The annual auditor issued a standard unqualified audit report and an internal control audit report, and the company no longer met any indicators that would trigger a delisting risk warning, making it eligible to apply for revocation. Yitong Technology listed on the ChiNext board of the Shenzhen Stock Exchange in May 2011. Its main businesses include cable television network transmission equipment, intelligent monitoring engineering services, and the research, development, production, and sales of wearable device chips and sensor modules. In the first half of 2026, its broadcasting equipment segment accelerated overseas market expansion, with export sales of CATV network transmission equipment reaching 1.09 million yuan, up 56.64 percent year on year.

Arista Networks is rated Zacks Rank #1 (Strong Buy), with consensus estimates pointing to earnings of $1.06 per share for the current quarter, up 41.3% year over year. For the current fiscal year, the consensus earnings estimate of $4.04 implies a 35.6% increase from the prior year, while the next fiscal year's estimate of $4.99 indicates 23.6% growth. Revenue is forecast at $3.31 billion for the current quarter, up 43.6% year over year, with full-year estimates of $12.53 billion and $15.8 billion for the current and next fiscal years. In its last reported quarter, Arista posted revenues of $3.04 billion, up 37.7% year over year, and EPS of $1.02 versus $0.73 a year earlier, beating consensus revenue and EPS estimates by 7.14% and 14.61%, respectively. The stock has returned 2.3% over the past month, and carries a Zacks Value Style Score of F, indicating it trades at a premium to peers.

Cisco Systems secured a multiyear deal to overhaul connectivity across Notre Dame's athletics facilities and wider campus, anchored by nearly 1,000 Catalyst 9300X switches supported by Catalyst Center, ThousandEyes and Cisco Professional Services. The enterprise-networking and cybersecurity giant's shares fell about 0.6% to $105.81 at 10.31am ET on Thursday morning. Notre Dame gives Cisco a prestigious showcase for its full technology stack, potentially opening doors at other universities and large institutions. The valuation leaves little room for a routine win, however, with the stock trading 41.61% above its $74.72 GF Value estimate. With no contract value, margin contribution or recurring-revenue impact disclosed, the deal strengthens Cisco's credibility before it materially changes the numbers.

Siemens Mobility has selected Teleste to deliver on-board passenger information and CCTV systems for the next generation of trains on the Copenhagen S-bane network operated by Danish State Railways (DSB). The initial contract value, excluding maintenance and additional train options, is approximately 40 million euros, with Teleste's deliveries scheduled to begin in 2028 and continue through 2040, and the first trains expected to enter passenger service in 2032. The project supports the modernization of the Danish railways through the introduction of 226 fully automated four-car trainsets, with an option for up to 100 additional units, creating the world's largest open railway system with automated train operation as part of the largest investment in the 90-year history of Copenhagen's S-bane network. Teleste's delivery includes on-board passenger information, public announcement, CCTV, and passenger communication systems, managed by its S-ARRIVE software platform. Valerian Sand, Executive Vice President, Public Safety and Mobility at Teleste, said the companies' first project together marks the beginning of a strong partnership in one of Europe's most significant rail modernization programs.

AtlasClear Holdings reported fiscal 2026 total revenue rose 85% to $20.1 million, with net income of $2.0 million, or $0.02 per basic and diluted share, marking its second consecutive year of positive GAAP net income. Stock locate revenue grew to $6.8 million from approximately $0.3 million and represented about 34% of total revenue, while sources other than commissions accounted for approximately 54% of total revenue, up from about 45% in fiscal 2025. Cash and cash equivalents more than doubled to $15.4 million from $7.5 million, stockholders' equity improved to $21.1 million from a deficit of $(6.8) million, and AtlasClearing's net capital increased 29% to $14.4 million. The company signed clearing agreements with six new correspondent broker-dealers, the sixth after year-end, though fiscal 2026 results include no meaningful revenue from these relationships, and it achieved the growth without an at-the-market program or equity line. AtlasClear also said it remains committed to its planned acquisition of Commercial Bancorp of Wyoming, the parent of Farmers State Bank, after the parties withdrew pending regulatory applications and expect to refile them at an appropriate time.