Oclaro Announces First Quarter Fiscal Year 2016 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
B. Riley Upgrades Oclaro (OCLR) to Buy
November 4, 2015 7:24 AM ESTB. Riley upgraded Oclaro (NASDAQ: OCLR) from Neutral 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 $3.16 yesterday.
... MoreNeedham & Company Reiterates Buy on Oclaro (OCLR) Following Quarter Results
November 4, 2015 6:54 AM ESTNeedham & Company reiterated a Buy rating on Oclaro (NASDAQ: OCLR), and raised the price target to $4.50 (from $3.75), following the company's CY3Q earnings results. Oclaro reported its CY3Q results which came in well ahead of initial forecasts and in-line with the prior positive... More
Oclaro (OCLR) Tops Q1 EPS by 2c
November 3, 2015 5:22 PM ESTOclaro (NASDAQ: OCLR) reported Q1 EPS of ($0.03), $0.02 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $87.5 million versus the consensus estimate of $86 million.
Oclaro sees Q2 2015 revenue of $88-94 million, versus the consensus of $90.6 million.
"I... More
