Arris believes there’s some pent-up demand and that spending will increase among cable operators later this year. “We’ll have Comcast, Charter and GreatLand, each operating separately. There [are] a lot of property swaps that are involved, and there will have to be investments in those networks in order to come up with the standard operating procedures that each of those companies have,” said Arris CEO Bob Stanzione on the vendor’s 4Q earnings call late Wed. For right now though, it’s facing some “short-term headwinds” given the uncertainty surrounding those cable deals and telcos that have been vocal in their intentions to lower capex this year. Arris’ revenue for the Q rose 5% to $1.26bln, with the company projecting revenue in the range of $1.2bln-$1.24bln for the current Q and earnings for 40-45 cents/share. Analysts were expecting 55 cents and $1.24bln for 1Q.

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White Flag: Paramount’s Reason for Settling Trump Lawsuit

With news breaking overnight of Paramount Global’s $16 million settlement of President Trump’s “60 Minutes” lawsuit, the company couldn’t ignore the elephant in the room during its annual shareholder meeting Wednesday.

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