Question-and-Answer Session
Operator
(Operator Instruction). And we'll take our first question today from Paul Silverstein with Credit Suisse. Mr. Silverstein, your line is open.
Paul Silverstein - Credit Suisse
Thank you. I’m sorry. Couple of things, guys. Can you repeat, did you say that you're expecting margins to be up in the future?
Dave Renner
No, I said they'll be relatively consistent with Q1.
Paul Silverstein - Credit Suisse
Okay. Just a little clarification. If you look at your ROADM revenues, 8% this quarter--what was it in the preceding quarter?
Dave Renner
Our ROADM revenue was -- hold on just a second, Paul. Yeah, it was $1.8 million last quarter. Sorry.
Paul Silverstein - Credit Suisse
It was $1.8 million last quarter, so its up little over a $1 million.
Dave Renner
Yes.
Paul Silverstein - Credit Suisse
Right. If I you look at your 10G revenue, I apologize, I’m trying to make numbers work out, but I thought I heard you say that 10G and 40G were up 10% year-over-year. Obviously, you a 40G a year ago, and I thought I also heard you say that, correct me if I am wrong, but you said--did you say that 10G tunable, or 10G, was up 30% sequentially?
Dave Renner
That's 10G total.
Paul Silverstein - Credit Suisse
10G total was up 30% sequentially. I guess I'm just trying to work out?can you just give us the 10G transceiver number for October?
Dave Renner
For the quarter, yeah, I mean if you do the calculation with, roughly, 2% 40G, you end up with around $26 million type number for 10G.
Paul Silverstein - Credit Suisse
All right, because I thought you did $22.5 million in transceivers back in October '06, and if you take the 2% number you just shared with us on the 40G that was to test, but your 10G business was somewhere more in the area of $24 million, but, I'm willing to take your word for $26 mi;lion for 10G?
Dave Renner
Yeah, our Q1 prior fiscal year was around $24.5 million.
Paul Silverstein - Credit Suisse
It was $24.5 million, okay. All right, that's helpful. So, I guess I'm curious, it looks like the 10G business is back. I know you can't name the number big customers, but Ericsson, Alcatel Lucent?how stable does that look going forward? Is this just a one-time bump up from the first level last quarter? How confident are you, in terms of the order book, that this actually has legs and is not going back down to the July level?
- To read the full transcript on Seeking Alpha, click here »
