DALLAS, TEXAS, USA, May 11, 2016 (GLOBE NEWSWIRE) -- Xtera Communications, Inc. (NASDAQ:XCOM), a provider of high-capacity optical transport solutions, today announced that it will postpone its fiscal 2016 second quarter earnings announcement and conference call currently scheduled for Thursday, May 12, 2016, after the market closes to allow for more time to finalize its quarterly financial results. Xtera expects to announce its fiscal second quarter results as soon as possible and will issue a press release to announce a new date and time for the earnings release and conference call.
About Xtera Communications, Inc.
Xtera Communications, Inc. (NASDAQ:XCOM) is a leading provider of high-capacity, cost-effective optical transport solutions, supporting the high growth in global demand for bandwidth. Xtera sells solutions to telecommunications service providers, content service providers, enterprises and government entities worldwide. Xtera’s proprietary Wise RamanTM optical amplification technology leads to capacity and reach performance advantages over competitive products. Xtera’s solutions enable cost-effective capacity to meet customers’ bandwidth requirements of today and to support their increasing bandwidth demand fueled by the development of data centers and related cloud-based services.
This press release contains forward-looking statements based on Xtera’s current expectations. All statements, other than statements of historical facts, included herein are forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “will,” “would,” “seek” and similar expressions (or the negative of these terms) are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements reflect the current views and assumptions of Xtera and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Xtera may not actually achieve the expectations disclosed in the forward-looking statements, and you should not place undue reliance on Xtera’s forward-looking statements. A discussion of various factors that could cause Xtera’s actual results or achievements to differ from those expressed in such forward-looking statements are included in Xtera’s filings with the Securities and Exchange Commission. Subsequent events may cause these expectations to change, and Xtera disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise.
Source:Xtera Communications, Inc.