Oclaro (OCLR) Posts Narrower than Expected Q1 Loss; Guides Q2 Sales Below

November 9, 2011 4:08 PM EST
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Oclaro (NASDAQ: OCLR) reported Q1 EPS of ($0.21), $0.02 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $105.8 million versus the consensus estimate of $107.11 million.

Sees Q1 2012 revenue of $75-$85 million, versus the consensus of $115.7 million.


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