Needham & Company Reiterated Buy on Finisar (FNSR) Despite Soft Guide

Go back to Needham & Company Reiterated Buy on Finisar (FNSR) Despite Soft Guide

MKM Partners Says Telecom Drove Finisar (FNSR) Beat; Remains Neutral

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

Finisar (FNSR) Provides Light Guide Post 2Q - Jefferies Remains Sidelined

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

Finisar (FNSR) Tops Q2 EPS by 2c, Guides Q3 EPS Below Consensus at Mid-Point

December 10, 2015 4:01 PM EST

Finisar (NASDAQ: FNSR) reported Q2 EPS of $0.25, $0.02 better than the analyst estimate of $0.23. Revenue for the quarter came in at $321.1 million versus the consensus estimate of $313.86 million.

GUIDANCE:

Finisar sees Q3 2016 EPS of $0.19-$0.25, versus the consensus of $0.24. Finisar sees Q3... More

Trading Radar for 12/10: Adobe (ADBE), Ciena (CIEN), Vince Holding (VNCE), Finisar (FNSR) Report

December 9, 2015 2:52 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

Initial Claims - Street sees 269kContinuing Claims - Street sees 2.167MExport Prices: ex. Ag - no Street consensusImport Prices: ex. Oil - no Street consensus

Earnings:

Cantel Medical... More