Oclaro Announces First Quarter Fiscal Year 2018 Financial Results

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Oclaro (OCLR) PT Lowered to $9 at FBR Capital

November 2, 2017 12:22 PM EDT

FBR Capital analyst Dave Kang lowered his price target on Oclaro (NASDAQ: OCLR) to $9.00 (from $11.75) while maintaining a Buy rating.

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Needham & Company Downgrades Oclaro (OCLR) to Buy

November 2, 2017 7:35 AM EDT

Needham & Company downgraded Oclaro (NASDAQ: OCLR) from Strong Buy to Buy with a price target of $9.00 (from $14.00).

Analyst Alex Henderson noted Oclaro reported an ok quarter, but offered a weak guide. China Oclaro now believes China won't recover until CY182H. They cite... More

Oclaro (OCLR) Tops Q1 EPS by 2c; Guides Q3 Revs Below

November 1, 2017 4:09 PM EDT

Oclaro (NASDAQ: OCLR) reported Q1 EPS of $0.20, $0.02 better than the analyst estimate of $0.18. Revenue for the quarter came in at $155.6 million versus the consensus estimate of $154.32 million.

GUIDANCE:

Oclaro sees Q2 2018 revenue of $135-143 million, versus the consensus of $159.03... More