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Technology Stocks : Finisar - FNSR -- Ignore unavailable to you. Want to Upgrade?

To: w0z who wrote (447)	12/11/2015 10:01:11 AM
From: Kirk ©	Respond to of 509

Finisar Surges 14%: FYQ2 Beats on 100-Gig Buildouts; Q3 View Light By Tiernan Ray Shares of fiber optics component vendor Finisar ( FNSR) are up $1.51, or 13%, at $13.15, in late trading, after the company this afternoon reported fiscal Q2 revenue and profit that topped analysts’ expectations, driven by the increasing roll outs of the fastest new technology for networks in data centers, though it forecast results this quarter below consensus. Revenue in the three months ended in October rose 8%, year over year, to $321 million, yielding EPS of 25 cents. Analysts had been modeling $314 million and 23 cents a share. CEO Jerry Rawls said the rise in revenue was “primarily driven by growth in 100 gigabit Ethernet transceivers and 10 gigabit tunable transceivers and wavelength selective switches for telecom WDM applications.” For the current quarter, the company sees revenue in a range of $300 million to $320 million, and EPS in a range of 19 cents to 25 cents. That compares to consensus for $319 million and 24 cents. blogs.barrons.com

To: w0z who wrote (447)	3/11/2016 10:23:57 AM
From: Kirk ©	Read Replies (1) \| Respond to of 509

It looks like my big buys at $14.50 and more at $12.15 paid off well! March 10, 2016, 4:20 P.M. ET Finisar Jumps 8%: FYQ3 Profit Beats, Q4 View Tops Consensus By Tiernan Ray Shares of fiber-optic component supplier Finisar (FNSR) are up $1.12, or 8%, at $15.30, in late trading, after the company this afternoon reported fiscal Q3 revenue that slightly missed analysts’ exceptions, but beat on the bottom line, and forecast this quarter’s results higher than consensus. Revenue in the three months ended in January slipped by 4%, year over year, to $309 million, yielding EPS of 25 cents. Analysts had been modeling $311 million and 22 cents. Gross profit margin of 28.4% was a step up from the prior quarter’s 27.7%, helped by a favorable “mix” of products sold, the company said. Operating expenses were lower than the company had expected. For the current quarter, the company sees revenue of $307 million to $327 million, and EPS of 22 cents to 28 cents. That compares to consensus for $313 million and 21 cents. The upbeat outlook and the stock jump is in contrast to fiber-optic equipment supplier Ciena (CIEN), which last week missed with its own outlook for the current quarter.