JDS Uniphase Corp (JDSU) Misses Q3 EPS by 1c

JDS Uniphase Corp (NASDAQ: JDSU) reported Q3 EPS of $0.10, $0.01 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $418 million versus the consensus estimate of $431.73 million.

JDS Uniphase Corp sees Q4 2014 EPS of $0.10-$0.14, versus the consensus of $0.17. JDS Uniphase Corp sees Q4 2014 revenue of $425-445 million, versus the consensus of $459.04 million.

"Our fiscal third quarter revenue was impacted by later-than-expected carrier orders, but we are encouraged by a strong bookings performance and believe positive industry trends will drive improved top-line growth in our fiscal fourth quarter," said Tom Waechter, JDSU's President and Chief Executive Officer. "Despite lower-than-expected revenue in the third quarter, we grew three percent year-on-year, and stayed within our operating margin guidance range through continued strength in gross margins and effective cost management."

For earnings history and earnings-related data on JDS Uniphase Corp (JDSU) click here.

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