Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Arris Group Inc. (ARRS - Analyst Report) – a global technology leader in the development of advanced cable telephony, next-generation high-speed data network – is offering an advanced range of Hybrid Fiber Coax (HFC) optics, nodes and amplifiers targetting European cable operators.

The newly-launched HFC portfolio includes flexible design, better network efficiency, reduced installation time, cost effective, alternate power backup, quickly upgradable and electronic remote device. Arris’s UCN224, UCN212 UCA222 and UCA212 have three pins with two active modes and easily support 1.2 GHz network speed.

Such advanced features will not only help the European cable operators to drive their networks but also help them to offer multiscreen viewing without any disruption to their customers.

The concept of TV viewing has changed radically with higher adoption of smartphones and tablets. Viewers like easy and comfotable access to their favourite shows anytime and anywhere. Thus, the mounting data usage weighs heavy on the network and therefore, affects network performance. So, implementing the new HFC technology will boost the cable operator’s performance.

Arris recently acquired the cable set-top box business of Motorola Mobility, a subsidiary of Google Inc. , for a total consideration of $2.35 billion. The acquisition of the Motorola set-top box business will undoubtedly help Arris attain a strong foothold in the video offerings market.

In the recently concluded quarter, Arris’ total revenue was $353.7 million, up 16.8% year over year. Quarterly Domestic revenues were 68.3% while International revenues were 31.7%.

Comcast Corp. (CMCSA - Analyst Report) and Time Warner Cable (TWC - Analyst Report) are the two largest customers of Arris and have together contributed 43% of Arris’ total revenue. Hence, we believe that by targeting the European market with its advanced products, Arris will reduce its dependency on the domestic market, thereby driving International revenues for the company.

Currently, Arris Group Inc. carries a Zacks Rank #3 (Hold).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%