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Technology Stocks : Oclaro, Inc. (Avanex-Bookham)
OCLR 8.2600.0%Dec 10 4:00 PM EST

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From: FJB1/18/2007 5:20:29 PM
   of 2293
 
JDS Uniphase Says 2nd-Quarter Revenue Will Be Higher Than Expected

MILPITAS, Calif. (AP) -- JDS Uniphase Corp., maker of optical switching and transmission components, said Thursday it expects fiscal second-quarter revenue to be higher than previously expected.
The company sees revenue for the quarter ended Dec. 31 between $360 million and $365 million, versus previous guidance of $332 million to $352 million.

Analysts polled by Thomson Financial look for revenue of $342 million.

Results were helped by higher sales in its communications test and measurement segment.

Shares jumped $2.02, or 12.8 percent, to $17.81 in electronic aftermarket trading on the INET.

biz.yahoo.com
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