Finisar (FNSR) Tops Q2 EPS by 2c, Guides Q3 EPS Below Consensus at Mid-Point
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MKM Partners Says Telecom Drove Finisar (FNSR) Beat; Remains Neutral
December 11, 2015 11:24 AM ESTMKM 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
Needham & Company Reiterated Buy on Finisar (FNSR) Despite Soft Guide
December 11, 2015 9:27 AM ESTNeedham & 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
Finisar (FNSR) Provides Light Guide Post 2Q - Jefferies Remains Sidelined
December 11, 2015 8:49 AM ESTJefferies 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
