Finisar Announces Third Fiscal Quarter 2016 Financial Results

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Finisar (FNSR) PT Raised to $20 at Piper Jaffray

March 11, 2016 7:25 AM EST

Piper Jaffray analyst Troy Jensen reiterated an Overweight rating and raised his price target on Finisar (NASDAQ: FNSR) to $20.00 (from $17.00) following solid FQ3 results with EPS coming in above Street expectations and the company guided FQ4 revenue and EPS ahead of consensus estimates.

"The... More

B. Riley Upgrades Finisar (FNSR) to Buy

March 11, 2016 7:13 AM EST

B. Riley upgraded Finisar (NASDAQ: FNSR) from Neutral to Buy with a price target of $20.00.

For an analyst ratings summary and ratings history on Finisar click here. For more ratings news on Finisar click here.

Shares of Finisar closed at $14.18 yesterday.

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Finisar (FNSR) Tops Q3 EPS by 3c, Offers Q3 Guidance

March 10, 2016 4:01 PM EST

Finisar (NASDAQ: FNSR) reported Q3 EPS of $0.25, $0.03 better than the analyst estimate of $0.22. Revenue for the quarter came in at $309.2 million versus the consensus estimate of $311.97 million.

GUIDANCE:

Finisar sees Q4 2016 EPS of $0.22-$0.28, versus the consensus of $0.21. Finisar sees Q4... More