Finisar (FNSR) PT Lowered to $20 at B.Riley/FBR

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Finisar (FNSR) Misses Q2 EPS by 7c, Slight Beat on Revenues; Offers 3Q EPS/Revenue Guidance Below Consensus

December 7, 2017 4:03 PM EST

Finisar (NASDAQ: FNSR) reported Q2 EPS of $0.23, $0.07 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $332.21 million versus the consensus estimate of $330.88 million.

OUTLOOK

Finisar indicated that for the third quarter of fiscal 2018 it currently expects revenues in the... More