Finisar (FNSR) PT Raised to $22 at Loop Capital

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Finisar (FNSR) Tops Q1 EPS by 6c, Revenues Beat; Offers 2Q EPS Outlook Above Consensus, 2Q Revenue Mid-Point Outlook Below Consensus

September 6, 2018 4:03 PM EDT

Finisar (NASDAQ: FNSR) reported Q1 EPS of $0.18, $0.06 better than the analyst estimate of $0.12. Revenue for the quarter came in at $317.34 million versus the consensus estimate of $315.86 million.

Revenues grew over the prior quarter and exceeded the mid-point of our guidance range, primarily... More