Finisar (FNSR) Tops Q2 EPS by 2c, Guides Q3 EPS Below Consensus at Mid-Point
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Go back to Finisar (FNSR) Tops Q2 EPS by 2c, Guides Q3 EPS Below Consensus at Mid-Point
December 11, 2015 11:24 AM EST
MKM Partners reiterated a Neutral rating and $13.75 price target on Finisar (NASDAQ: FNSR) following the company's 2Q earnings report. Results came in slightly better than expected driven by 10G Telecom. Total revenues came in at $321mn, above $315mn estimates. Datacom sales of... More
December 11, 2015 9:27 AM EST
Needham & Company reiterated a Buy rating and $18.00 price target on Finisar (NASDAQ: FNSR) following the company's 2Q earnings report. Despite the solid quarter against low expectations, the guide was still softer than Street estimates. New Products, stabilizing pricing in Data Comm, and... More
December 11, 2015 8:49 AM EST
Jefferies reiterated a Hold rating and $13.25 price target on Finisar (NASDAQ: FNSR) following the company's 2Q earnings report. Revenue increased 2% to $321M, above the Street's $314M. Q2 EPS hit $0.25, above Consensus of $0.23. FQ3 revenue and EPS guidance of ~$310M and $0.22 were below Consensus ($319M,... More
