Oclaro Announces Fourth Quarter and Fiscal Year 2017 Financial Results
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Needham & Company Remains Bullish on Oclaro (OCLR) Following 4Q
August 3, 2017 7:26 AM EDTNeedham & Company reiterated a Strong Buy rating and $14.00 price target on Oclaro (NASDAQ: OCLR) following the company's 4Q. Despite weakness in China and down volumes in the legacy CFP and CFP2 100G Data Comm/client side products, Oclaro managed to deliver upside to careful... More
Oclaro (OCLR) PT Raised to $12.50 at Jefferies
August 3, 2017 6:50 AM EDTJefferies raised its price target on Oclaro (NASDAQ: OCLR) to $12.50 (from $12.00) while maintaining a Buy rating.
Analyst James Kisner commented, "FQ4 results were solid with an EPS beat driven by gross margin, likely a relief after negative China commentary from MTSI... More
Oclaro (OCLR) Tops Q4 EPS by 3c
August 2, 2017 4:57 PM EDTOclaro (NASDAQ: OCLR) reported Q4 EPS of $0.20, $0.03 better than the analyst estimate of $0.17. Revenue for the quarter came in at $149.4 million versus the consensus estimate of $148.04 million.
"It gives me great pleasure to report that we achieved record financial performance in our fiscal year... More
