Finisar (FNSR) Tops Q4 EPS by 4c, Offers Q1 Gudiance

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Go back to Finisar (FNSR) Tops Q4 EPS by 4c, Offers Q1 Gudiance

Finisar Announces Fourth Fiscal Quarter and Full Year 2016 Financial Results

June 16, 2016 4:00 PM EDT

SUNNYVALE, CA -- (Marketwired) -- 06/16/16 --

Finisar Corporation (NASDAQ: FNSR), a global technology leader for subsystems and components for fiber optic communications, today announced financial results for its fourth quarter and full fiscal year 2016, ended May 1, 2016.

COMMENTARY

"Revenues for our fourth fiscal quarter were $318.8 million, an increase of $9.6 million, or 3.1% compared to the prior quarter, primarily driven by growth in demand for 40G and 100G transceivers for datacom applications including CFP, CFP2, CFP4, QSFP and QSFP28 form factors. Better than expected gross... More