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Thursday, March 8, 2018

====Finisar (FNSR) reported earnings on Thur 8 March 2018 (a/h)

Finisar misses by $0.03, reports revs in-line; guides Q4 EPS below consensus, revs below consensus 
  • Reports Q3 (Jan) earnings of $0.20 per share, excluding non-recurring items, $0.03 worse than the Capital IQ Consensus of $0.23; revenues fell 12.7% year/year to $332.4 mln vs the $333.15 mln Capital IQ Consensus.
  • Co issues downside guidance for Q4, sees EPS of $0.09-0.15, excluding non-recurring items, vs. $0.21 Capital IQ Consensus Estimate; sees Q4 revs of $300-320 mln vs. $332.01 mln Capital IQ Consensus Estimate. 

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