Finisar (FNSR) Tops Q2 EPS by 4c, Revenues Miss

Go back to Finisar (FNSR) Tops Q2 EPS by 4c, Revenues Miss

Finisar Announces Second Quarter of Fiscal 2019 Financial Results

December 3, 2018 6:00 AM EST

SUNNYVALE, Calif., Dec. 03, 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 second quarter of fiscal 2019, ended October 28, 2018. Finisar will not hold an earnings call, nor provide forward guidance for the third quarter of fiscal 2019, due to the previously announced proposed acquisition by II-VI Incorporated (NASDAQ: IIVI).

COMMENTARY

I am pleased to report that revenues grew over the prior quarter and gross margins also... More