Below are the three companies in the Communications Equipment industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power.
Tellabs (NASDAQ:TLAB) is highest with EBITDA growth of 466.4%. Tellabs, Inc. designs, manufactures, markets, and services voice, data, and video transport and network access systems. The Company's products are used worldwide by public telephone companies, long-distance carriers, alternate service providers, cellular service providers, cable operators, government agencies, utilities, and business end-users. Tellabs has traded 708,000 shares thus far today, vs. average volume of 2.5 million shares per day. The stock has underperformed the Dow (-1.9% to the Dow's -0.4%) and underperformed the S&P 500 (-1.9% to the S&P's -0.8%) during today's trading.
Following is Aruba Networks (NASDAQ:ARUN) with EBITDA growth of 372.1%.
Finishing up the top three is Ciena (NASDAQ:CIEN), with EBITDA growth of 268.1%.