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Non-Tech : EARNINGS REPORTING - surprises, misses & more -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (285)	8/23/2000 6:07:26 AM
From: 2MAR$	Read Replies (1) \| Respond to of 762

FNSR: Closed on 8/22 at 38 7/8. Finisar Corporation (Nasdaq:FNSR - news), a leading provider of gigabit fiber optic solutions for high-speed data networks, today reported financial results for the first quarter ended July 31, 2000. Revenues for the first quarter of fiscal 2001 grew sequentially by 32% to a record $27.2 million from $20.7 million in the fourth quarter ended April 30, 2000. This represented a 96% increase from $13.9 million in the prior year period. Sales of optical subsystems grew sequentially by 42% to $22.0 million in the first quarter from $15.6 million in the fourth quarter and by 132% from $9.5 million in the prior year period. Sales of network test systems totaled $5.2 million, up sequentially from $5.1 million in the previous quarter and up 18% from $4.4 million in the prior year period. biz.yahoo.com