Finisar Announces Third Quarter Fiscal 2018 Financial Results

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Go back to Finisar Announces Third Quarter Fiscal 2018 Financial Results

Needham & Company Downgrades Finisar (FNSR) to Hold; ' Dismal Results and Guide'

March 9, 2018 7:24 AM EST

Needham & Company downgraded Finisar (NASDAQ: FNSR) from Buy to Hold.

Analsyt Alex Henderson commented, "Finisar reported a soft quarter on Revs but really dismal GMs. The April quarter guide was dismal and the tone of the conference call was worse.... More

Finisar (FNSR) Misses Q3 EPS by 3c, Q4 Guidance Falls Short

March 8, 2018 4:03 PM EST

Finisar (NASDAQ: FNSR) reported Q3 EPS of $0.20, $0.03 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $332.4 million versus the consensus estimate of $333.23 million.

GUIDANCE:

Finisar sees Q4 2018 EPS of $0.09-$0.15, versus the consensus of $0.21. Finisar sees Q4... More