Finisar (FNSR) Bullish Stance Reiterated at Needham & Company Post Q3
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Finisar Announces Third Quarter Revenues of $306.3 Million, 3.1% Growth Over Prior Quarter
March 5, 2015 4:00 PM ESTSUNNYVALE, CA -- (Marketwired) -- 03/05/15 --
Finisar Corporation (NASDAQ: FNSR), a global technology leader for subsystems and components for fiber optic communications, today announced financial results for its third quarter of fiscal 2015, ended January 25, 2015.Â
COMMENTARY
"Revenues for our third fiscal quarter were $306.3 million, an increase of $9.3 million compared to the prior quarter," said Jerry Rawls, Finisar's executive Chairman of the Board. "Revenue growth was primarily driven by the demand for 40 gigabit and 100 gigabit transceivers for datacom applications, as well as transceivers for wireless... More
