Oclaro (OCLR) Tops Q3 EPS by 1c

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Oclaro Announces Third Quarter Fiscal Year 2015 Financial Results

May 5, 2015 4:05 PM EDT

SAN JOSE, Calif., May 5, 2015 /PRNewswire/ -- Oclaro, Inc. (Nasdaq: OCLR), a leading provider and innovator of optical communications solutions, today announced the financial results for its third quarter of fiscal year 2015, which ended March 28, 2015.

"Our March quarter results came in at the higher end of our guidance ranges despite the impact of the annual price declines inherent in the first calendar quarter of every year. During the quarter, we raised approximately $62 million to further strengthen our balance sheet and to support the expansion of our 100G product portfolio," said Greg Dougherty,... More