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

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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