Finisar (FNSR) Reports In-Line Q4 EPS, Q1 EPS Falls Short of Views

Go back to Finisar (FNSR) Reports In-Line Q4 EPS, Q1 EPS Falls Short of Views

Finisar Announces All-time Record Fiscal 2017 Revenues

June 15, 2017 4:01 PM EDT

SUNNYVALE, Calif., June 15, 2017 (GLOBE NEWSWIRE) -- 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, ended April 30, 2017. 

COMMENTARY

Revenues for fiscal 2017, were $1.449 billion, an all-time record for Finisar and an increase of $186.1 million, or 14.7%, over fiscal 2016. Despite continued robust demand in our fourth fiscal quarter for our 100G QSFP28 transceivers for datacenter applications, which grew over 30% over the third quarter, our overall revenues were $357.5 million,... More