Catapult Communications (CATT): A focus on digital telecom testing
Posted by: in Stocks Money NewsFiled under: Earnings reports, Motorola (MOT), Nortel Networks (NT), Alcatel-LucentADS (ALU), Technical Analysis, Stocks to Buy
Testing is a necessary step in the process of effectively configuring a system of many elements. When it comes to the design, integration and installation of telecommunications systems, many of the big name providers look to a Mountain View, California outfit for testing expertise.
Catapult Communications (NASDAQ: CATT) provides software-based digital test systems used by telecommunications equipment manufacturers and service providers to design, test, and configure network elements. Specific applications involve design and feature verification, conformance testing, interoperability testing, load and stress testing, and monitoring and analysis. Clients include Alcatel-Lucent (NYSE: ALU), Motorola (NYSE: MOT) and Nortel Networks (NYSE: NT).
The company pleased investors last week, when it boosted its forecast for the quarter ending September 30 (Q4). Management’s new revenue estimate of $9.5-$10.5 million topped the average Street expectation of $9.0 million.
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