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Technology Stocks : Finisar - FNSR

FNSR 23.77

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Sep 24 5:00 PM EST

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To: FJB who wrote (442)

6/22/2015 11:35:33 AM

From: Kirk ©

of 509

Nice graphs from the story

22 June 2015

Finisar's quarterly revenue grows despite annual telecom price reductionsFor its fiscal fourth-quarter 2015 (ended 3 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $320m, up 4.5% on about $306m both a year ago and last quarter. The increase was due primarily to an extra (14th) week in the fourth quarter, offset partially by the impact of Chinese New Year. Telecom product sales hence rose by 8.6% on last quarter, despite the impact of three month of the annual telecom price reduction that typically takes effect on 1 January. Datacom product sales rose by 3.2% on last quarter.

Fiscal	Q4/2014	Q1/2015	Q2/2015	Q3/2015	Q4/2015
Revenue	$306m	$327.6m	$297m	$306.3m	$320m

Full-year fiscal 2015 revenue was a record $1250.9m, up 8.1% on fiscal 2014's $1156.8m, due primarily to Datacom product sales rising by 13.6%, counteracting Telecom product sales falling by 5.2%.

More at at semiconductor-today.com

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