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Finisar Beats Slightly on Q3 EPS

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Finisar (NASDAQ: FNSR  ) has reported its fiscal Q3 2013 results. For the quarter, revenues amounted to $238 million, up from the $232 million in the same period the previous year. Net income came in at $16 million ($0.17 per diluted share) from Q3 2012's tally of $14 million ($0.15).

On average, analysts had been projecting a top line which matched that $238 million, and EPS of $0.16.

For the current quarter, the company believes its revenues will total $235 million-$250 million, and EPS will be $0.15-$0.19. This is broadly in line with analyst expectations of $241 million and $0.16, respectively.

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Related Tickers

9/27/2016 4:00 PM
FNSR $30.10 Up +0.95 +3.26%
Finisar CAPS Rating: ***