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Non-Tech : Kirk's Market Thoughts
COHR 198.51+0.4%3:59 PM EST
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To: robert b furman who wrote (3204)6/19/2015 9:08:14 AM
From: Kirk ©   of 26763
 
Yes I saw it but thanks for posting it.
I'm sure you saw this - it appears to have been well recieved:


It wasn't that well received as the stock is off this AM

They set records for revenue but I haven't seen why they didn't set record profits.
  • http://finance.yahoo.com/news/finisar-announces-record-revenues-fiscal-200000187.html
  • "Revenues for our fourth fiscal quarter were $320.0 million, an increase of $13.8 million, or 4.5% compared to the prior quarter," said Jerry Rawls, Finisar's executive Chairman of the Board. "Revenue growth was primarily driven by the benefit from an extra week in the fourth quarter partially offset by the impact of Chinese New Year."
    • "We also reported record revenue for the full fiscal year 2015, an increase of 8.1% over fiscal 2014, primarily driven by demand for datacom applications," said Eitan Gertel, Finisar's Chief Executive Officer.


Next on to do list is read the transcript of the conf call
  • Finisar (FNSR) Eitan Gertel on Q4 2015 Results - Earnings Call Transcript by SA Transcripts
    This article was published on Thu, Jun. 18, 9:51 PM ET

    Read the full article now »


I've noticed on up days it often opens down and it does the reverse on down days.... very strange but perhaps being off a few dimes is a good thing again.
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