Finisar Announces Fourth Fiscal Quarter and Full Year 2016 Financial Results
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Jefferies Raises Price Target on Finisar (FNSR) as Datacom Drives 4Q Results
June 17, 2016 7:53 AM EDTJefferies reiterated a Hold rating on Finisar (NASDAQ: FNSR), and raised the price target to $19.00 (from $18.00) following the company's 4Q earnings report. Revenue grew to $319M, in-line with the Consensus estimates of $318M. EPS hit $0.29, above Consensus of $0.25. Revenue guidance for 1Q of ~... More
Finisar (FNSR) PT, Estimates Raised at Piper Jaffray Following Solid Q4
June 17, 2016 6:37 AM EDTPiper Jaffray analyst Troy Jensen reiterated an Overweight rating and boosted his price target on Finisar (NASDAQ: FNSR) to $24.00 (from $20.00) following solid solid FQ4 results with revenues, margins and EPS all coming in above Street expectations, while also providing better-than-expected top and bottom line... More
Finisar (FNSR) Tops Q4 EPS by 4c, Offers Q1 Gudiance
June 16, 2016 4:02 PM EDTFinisar (NASDAQ: FNSR) reported Q4 EPS of $0.29, $0.04 better than the analyst estimate of $0.25. Revenue for the quarter came in at $318.8 million versus the consensus estimate of $317.38 million.
GUIDANCE:
Finisar sees Q1 2017 EPS of $0.27-$0.33, versus the consensus of $0.27. Finisar sees... More
