Needham & Company Reiterates Buy on Oclaro (OCLR) Following 3Q - PT to $7
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Piper Jaffray Raises Price Target on Oclaro (OCLR) to $6.75 Following 3Q Beat
May 4, 2016 9:27 AM EDTPiper Jaffray reiterated an Overweight rating on Oclaro (NASDAQ: OCLR), and raised the price target to $6.75 (from $6.50), following the company's 3Q earnings report. Revenues were reported at $2.6M, higher than the Street, and exceeded the mid-point of the companys prior guidance ($97 103M). Non-GAAP earnings per share were slightly ahead of... More
After-Hours Stock Movers 05/03: (GKOS) (ETSY) (NTRI) (MDVN) Higher; (CRAY) (SYRG) (GLUU) (RLYP) Lower (more...)
May 3, 2016 6:26 PM EDTToday's After-Hours Stock Movers:
Glaukos Corporation (NYSE: GKOS) 25.8% HIGHER; reported Q1 EPS of $0.03, $0.18 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $23.1 million versus the consensus estimate of $18.77 million. GUIDANCE: Glaukos Corporation sees FY2016 revenue of $100-102 million, versus prior guidance of $90-93 million and the consensus of $91.63 million.
Cray (NASDAQ: CRAY) 18.3% LOWER; reported Q1 EPS of ($0.13), $0.12 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $105.5 million... More
Oclaro (OCLR) Tops Q3 EPS by 2c; Guides Q4 Revs Above the Street
May 3, 2016 4:12 PM EDTOclaro (NASDAQ: OCLR) reported Q3 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $101.1 million versus the consensus estimate of $98.5 million.
"The March quarter represents our third consecutive quarter of approximately 7 percent sequential revenue growth. In... More
Trading Radar for 5/3: CBS (CBS), GrubHub (GRUB), Etsy (ETSY), USANA (USNA), WellCare (WCG) Report
May 2, 2016 2:24 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Earnings:
ALLETE, Inc. (NYSE: ALE) - consensus EPS $0.94
Allot Communications (Nasdaq: ALLT) - consensus EPS $0.00
AmTrust Financial (Nasdaq: AFSI) - consensus EPS $0.73
America First Multifamily Investors (Nasdaq: ATAX) - consensus EPS $0.08
Armada Hoffler Properties (NYSE: AHH) - consensus EPS $0.22
Arrow Electronics (NYSE:... More
