Oclaro Announces Second Quarter Fiscal Year 2016 Financial Results
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Oclaro (OCLR) PT, Estimates Raised at Needham & Company on 3rd Straight 'Beat and Raise'
February 3, 2016 7:48 AM ESTNeedham & Company analyst Alex Henderson reiterated a Buy rating while boosting estimates and his price target on Oclaro (NASDAQ: OCLR) to $5.00 (from $4.50) following another 'beat and raise'.
Henderson commented, "Oclaro strongly "beat and raised" for the third quarter in a row with... More
Oclaro (OCLR) Tops Q2 EPS by 4c
February 2, 2016 4:07 PM ESTOclaro (NASDAQ: OCLR) reported Q2 EPS of $0.03, ex-items, $0.04 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $94.1 million versus the consensus estimate of $91.49 million.
GUIDANCE:
Oclaro sees Q3 2016 revenue of $97-103 million, versus the consensus of... More
