Oclaro Announces Preliminary First Quarter FY2016 Results
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Stifel Upgrades Oclaro (OCLR) to Buy
October 22, 2015 6:55 AM EDTStifel upgraded Oclaro (NASDAQ: OCLR) from Hold to Buy with a price target of $4.00.
For an analyst ratings summary and ratings history on Oclaro click here. For more ratings news on Oclaro click here.
Shares of Oclaro closed at $2.40 yesterday.
... MoreOclaro (OCLR) Prelim. Q3 Revenue Tops Estimates
October 21, 2015 4:32 PM EDTOclaro (NASDAQ: OCLR) reported preliminary results for its first quarter of fiscal year 2016. The Company announced that it expects first quarter results to exceed its previously provided financial guidance. The Company's financial guidance was last provided on August 4, 2015.
For the first quarter of fiscal year 2016, Oclaro expects:
Revenues to be approximately $87.5 million, at the high end of the range previously... More