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

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Finisar Announces Third Quarter Fiscal 2018 Financial Results

March 8, 2018 4:01 PM EST

SUNNYVALE, Calif., March 08, 2018 (GLOBE NEWSWIRE) -- Finisar Corporation (NASDAQ: FNSR), a global technology leader for subsystems and components for fiber optic communications, today announced financial results for its third fiscal quarter, ended January 28, 2018. 

COMMENTARY

We experienced strong demand and record revenues in our third fiscal quarter for our 100G QSFP28 transceivers for datacenters as well as higher revenue for our VCSEL arrays for 3D sensing, said Michael Hurlston, Finisars Chief Executive Officer.  However, our overall revenues for the third fiscal quarter only grew modestly to $332.4... More