Oclaro, Inc. (Avanex-Bookham) Message Board

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Technology Stocks : Oclaro, Inc. (Avanex-Bookham)

OCLR 8.260

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Dec 10 4:00 PM EST

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From: FJB	9/21/2009 9:07:17 PM
	1 Recommendation of 2293

Oclaro raises outlook for its 1Q revenue Optical equipment maker Oclaro raises outlook for its 1st-qtr revenue to $82M to $87M On Monday September 21, 2009, 5:49 pm EDT SAN JOSE, Calif. (AP) -- Oclaro Inc. raised its fiscal first-quarter revenue outlook range to $82 million to $87 million on Monday. The company, which makes optical components for fiber optic networks, had said in July that it expected between $76 million and $84 million in revenue for the period. Oclaro shares jumped 22 cents, or 21.6 percent, to $1.24 in after-hours trading, after falling 4 cents, or 3.8 percent, to finish regular trading at $1.02.

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