Latest Communications News

hipages Group delivered stronger FY26 cash generation and record margins, but now expects FY27 revenue, profitability and free cash flow to land at the lower ends of its existing targets. Management says deteriorating economic conditions have slowed activity in some discretionary home-improvement categories.

Coherent delivered US$2.37 billion in fiscal first-quarter revenue and raised its fiscal 2027 pro forma growth outlook above 60%, helped by a sharp increase in datacentre and communications demand. The photonics company also flagged a five-year PhotonLink agreement valued at about US$20 billion, although meaningful revenue from that deal is not expected until early calendar 2028.

Reliance Worldwide Corporation has sent shareholders the Scheme Booklet for Brookfield’s proposed acquisition, putting the transaction into its formal voting phase. The scheme meeting is scheduled for 4 December 2026, with proxy forms due two days earlier.

Beam Communications has returned to positive underlying earnings and cash generation after exiting ZOLEO, but the reset comes with a materially smaller revenue base. The satellite communications group expects FY27 operating cashflow to remain positive despite forecasting lower revenue than FY26.

AMD delivered a record fiscal third quarter as Data Center revenue nearly doubled year over year, pushing total revenue up 45% to US$13.4 billion. The company expects another sharp acceleration in the December quarter, but gaming weakened and customer warrant revaluations distorted GAAP earnings.

Broadridge delivered double-digit recurring revenue growth in fiscal first quarter 2027 and reaffirmed its full-year targets. But a digital asset loss, restructuring charges and weaker event-driven revenue pushed reported earnings and margins lower.

Keysight Technologies has tapped long-time finance executive Jason Kary to replace CFO Neil Dougherty, who is stepping down for personal reasons. The company has left its fiscal fourth-quarter outlook unchanged ahead of results on November 19.

SBA Communications delivered modest site-leasing growth in the third quarter, but AFFO fell 5% and the company lowered parts of its 2026 outlook. The tower owner is also withdrawing from Chile, Ecuador and potentially Peru while committing US$300 million to share buybacks.

Elixir Energy has reported materially stronger interim flow performance from Lorelle-3H after a 60-day soak, but a sand, scale and coal obstruction has interrupted the test. The company also received a $12.1 million R&D refund and repaid its debt facility, leaving a net cash inflow of $1.77 million.

Nodestream has completed its $6.5 million placement, launched Missions and expanded its defence push across the US and Europe. But revenue remains under pressure, quarterly cash burn is substantial and auditors have warned of material uncertainty over the company’s ability to continue as a going concern.

Strategic Elements has moved its EdgeiQ platform closer to commercial mining pilots while Energy Ink progresses towards a system-level demonstration. The ASX-listed venture developer ended September with $3.918 million in cash and an estimated 4.32 quarters of funding at the quarter’s spending rate.

GenusPlus has completed its acquisition of New Zealand telecommunications contractor UCG, extending the group’s communications infrastructure footprint into New Zealand and the Pacific Islands. The upfront consideration was funded from existing cash reserves and a debt facility, but the company has not disclosed the purchase price or expected earnings contribution.