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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (3201)6/18/2015 2:10:00 PM
From: GROUND ZERO™  Respond to of 26744
 
Definitely impressive, but who knows what will be tomorrow, these overnight leaps up and down are annoying...

GZ



To: Kirk © who wrote (3201)6/19/2015 7:59:27 AM
From: robert b furman  Read Replies (2) | Respond to of 26744
 
I'm sure you saw this - it appears to have been well recieved:

4:03 pm Finisar reports EPS in-line, revs in-line; guides Q1 EPS in-line, revs in-line ( FNSR) : Reports Q4 (Apr) earnings of $0.25 per share, in-line with the Capital IQ Consensus Estimate of $0.25; revenues rose 4.5% year/year to $320 mln vs the $320.5 mln consensus. Non-GAAP gross margin improved to 30.3% compared to 30.0% in the preceding quarter, primarily due to the improvement in yields for a new optical engine product for supercomputing applications that we started to ramp in the third quarter of fiscal 2015 that had negatively impacted gross margin during that third quarter, partially offset by the impact of the full three months of the annual telecom price reduction that typically takes effect on January.

Co issues in-line guidance for Q1, sees EPS of $0.23-0.29 vs. $0.27 Capital IQ Consensus Estimate; sees Q1 revs of $308-328 mln vs. $ 317.34 mln Capital IQ Consensus Estimate.

nasdaq.com

Bob