Finisar (FNSR) Q4 Results 'Solid'; Est. Raised - Needham & Company
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Craig-Hallum Starts Finisar (FNSR) at Buy
June 21, 2013 9:03 AM EDTCraig-Hallum initiates coverage on Finisar (NASDAQ: FNSR) with a Buy. PT $21.00.
For an analyst ratings summary and ratings history on Finisar click here. For more ratings news on Finisar click here.
Shares of Finisar closed at $15.80 yesterday, with a 52 week range of $10.95-$17.14.... More
Finisar (FNSR) Q4 Beat Tied to Datacom Strength
June 20, 2013 8:33 AM EDTGoldman Sachs today maintained a Neutral rating on Finisar (NASDAQ: FNSR) and boosted its price target to $17.00 (from $16.00). Yesterday Finisar reported Q4 results that consensus.
Commenting, analyst Kent Schofield said, "In F4Q, Datacom strength easily outpaced ongoing Telecom weakness . . . Finisar expects... More
Sell Finisar (FNSR) on Strength - Jefferies
June 20, 2013 6:52 AM EDTJefferies reiterated an Underperform rating on Finisar (NASDAQ: FNSR) following Q4 results, telling client to "sell on strength" with the shares up 9% in pre-open trade.
"As we expected, Finisar delivered a solid Q4 and guidance driven by Datacom. Gross margin was much... More
Finisar Corp (FNSR) Tops Q4 EPS by 3c; Guides Q1 EPS Above Views
June 19, 2013 4:01 PM EDTFinisar Corp (NASDAQ: FNSR) reported Q4 EPS of $0.20, $0.03 better than the analyst estimate of $0.17. Revenue for the quarter came in at $243.42 million versus the consensus estimate of $242.95 million.
Finisar Corp sees Q1 2014 EPS of $0.22-0.26, versus the consensus of $0.20. Finisar Corp sees Q1 2014... More
