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Arris International PLC (ARRS.OQ)

ARRS.OQ on NASDAQ Stock Exchange Global Select Market

29.19USD
20 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Arris statement re: Ruckus acquisition, following Broadcom's CFIUS refiling
Tuesday, 3 Oct 2017 09:12am EDT 

Oct 3 (Reuters) - Arris International Plc ::Arris statement re: Ruckus acquisition, following Broadcom's CFIUS refiling.Arris International - ‍refiling of Broadcom's notice with CFIUS delays closure of deal with co; co remains committed to acquisition.  Full Article

Eminence Capital LP reports 5.3 pct passive stake in Arris International Plc as of Sept 12 - SEC Filing
Friday, 22 Sep 2017 04:23pm EDT 

Sept 22 (Reuters) - Arris International Plc :Eminence Capital, LP reports 5.3 percent passive stake in Arris International Plc as of Sept 12, 2017 - SEC Filing.  Full Article

Xperi Corp updates on notice issued by U.S. International Trade Commission
Thursday, 10 Aug 2017 06:18am EDT 

Aug 10 (Reuters) - Xperi Corp ::Xperi corp says‍ on August 9, 2017, U.S. International Trade Commission issued a notice - SEC filing​.Xperi-Itc issued notice extending by about 1 month dates to determine whether to review final initial determination for completion of an investigation.Xperi -notice ‍to determine whether to review final ID and target date for completion of investigation filed by Tessera.Xperi corp - ‍new deadline for commission to determine whether to review final initial determination is Sept. 29.‍new target date for completion of investigation is December 1, 2017​.  Full Article

ARRIS Q2 preliminary earnings per share $0.16
Wednesday, 2 Aug 2017 04:03pm EDT 

Aug 2 (Reuters) - ARRIS International PLC :ARRIS announces preliminary and unaudited second quarter 2017 results.Q2 adjusted non-gaap earnings per share $0.63.Q2 GAAP earnings per share $0.16.Q2 revenue $1.664 billion versus I/B/E/S view $1.66 billion.Q2 earnings per share view $0.57 -- Thomson Reuters I/B/E/S.ARRIS International PLC - quarter-end ‍order backlog was $1.326 billion​.Arris International PLC - ‍remain on track to achieve results within full year 2017 guidance ranges​.FY 2017 earnings per share view $2.50, revenue view $6.73 billion -- Thomson Reuters I/B/E/S.Sees Q3 2017 revenue $1.74 billion to $1.79 billion.Sees Q3 2017 GAAP earnings per share $0.23 to $0.28.Sees Q3 2017 adjusted earnings per share $0.66 to $0.71.Q3 earnings per share view $0.72, revenue view $1.77 billion -- Thomson Reuters I/B/E/S.ARRIS International PLC - ‍while slightly delayed, anticipate closing ruckus networks acquisition early in Q4​.Arris International PLC - ‍expect ruckus networks acquisition to be accretive on a non-GAAP basis in 2018​.  Full Article

Kudelski and Arris sign patent license agreement
Tuesday, 18 Jul 2017 12:00pm EDT 

July 18 (Reuters) - KUDELSKI SA ::KUDELSKI GROUP AND ARRIS <<>> SIGN PATENT LICENSE AGREEMENT .FINANCIAL TERMS OF AGREEMENT WERE NOT DISCLOSED.  Full Article

Arris announces Q1 revenue $1.483 billion
Wednesday, 3 May 2017 04:03pm EDT 

May 3 (Reuters) - Arris International Plc :Arris announces preliminary and unaudited first quarter 2017 results.Q1 adjusted non-GAAP earnings per share $0.40.Q1 GAAP loss per share $0.21.Q1 revenue $1.483 billion versus I/B/E/S view $1.46 billion.Q1 earnings per share view $0.38 -- Thomson Reuters I/B/E/S.Sees Q2 2017 adjusted earnings per share $0.55 to $0.60.Sees Q2 2017 GAAP earnings per share $0.02 to $0.07.Sees Q2 2017 revenue $1.64 billion to $1.69 billion.Q2 earnings per share view $0.62, revenue view $1.65 billion -- Thomson Reuters I/B/E/S.Arris International Plc- Order backlog at end of Q1 2017 was $1.304 billion, as compared to $1.335 billion at end of Q1 2016.Arris International Plc- Company's book-to-bill ratio in Q1 2017 was 1.13, as compared to Q1 2016 of 1.24.  Full Article

Arris International says co and certain units entered into second amendment to its credit facility
Friday, 28 Apr 2017 08:28am EDT 

April 28 (Reuters) - Arris International Plc :On April 26, 2017, Arris International Plc and certain subsidiaries entered into second amendment to its credit facility.Arris International - Amendment provides for new Term B loan facility of $545 million; proceeds, along with cash on hand, used to repay in full term b loan facility.New Term B loan has a maturity date of April 2024 - SEC Filing.  Full Article

Arris announces preliminary and unaudited fourth quarter and full year 2016 results
Wednesday, 22 Feb 2017 04:06pm EST 

Arris International Plc : Arris announces preliminary and unaudited fourth quarter and full year 2016 results . Q4 adjusted non-GAAP earnings per share $0.79 . Q4 GAAP earnings per share $0.45 . Q4 revenue $1.759 billion versus I/B/E/S view $1.7 billion . Q4 earnings per share view $0.70 -- Thomson Reuters I/B/E/S . Sees Q1 2017 adjusted earnings per share $0.36 to $0.40 . Sees Q1 2017 GAAP loss per share $0.09 to $0.13 . Sees Q1 2017 revenue $1.435 billion to $1.485 billion .Q1 earnings per share view $0.67, revenue view $1.66 billion -- Thomson Reuters I/B/E/S.  Full Article

Arris to acquire Ruckus Wireless and ICX switch business for $800 million in cash
Wednesday, 22 Feb 2017 04:05pm EST 

Arris International Plc : Arris to acquire Ruckus Wireless and ICX switch business for $800 million in cash . Arris International Plc - deal for of $800 million, . Arris International Plc - Arris expects acquisition to be accretive to its non-GAAP earnings per share in first 12 months . Arris International Plc - transaction is contingent on Broadcom closing its acquisition of Brocade, previously announced on November 2, 2016 .Arris International Plc - deal price in addition to cost of unvested employee stock awards.  Full Article

ARRIS International renews multi-year sponsorship agreement with Joe Gibbs Racing
Thursday, 16 Feb 2017 03:00pm EST 

ARRIS International plc : ARRIS International plc says it has renewed its multi-year sponsorship agreement with Joe Gibbs Racing .As per agreement, co will extend primary sponsorship of Daniel Suárez to 22 races in this season's Monster Energy NASCAR Cup Series.  Full Article

BRIEF-Arris International, Broadcom and Brocade withdraw and re-file joint voluntary notice to CFIUS

* Arris International Plc - ‍on October 12, 2017, Broadcom, Brocade and Arris withdrew and re-filed their joint voluntary notice to CFIUS