Finisar Beats Slightly on Q3 EPS

By Eric Volkman – Mar 7, 2013 at 11:20PM

NASDAQ: FNSR

Finisar

The fiber optics component maker posts a slight upside surprise in its quarterly results.

Finisar (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.

Fool contributor Eric Volkman has no position in Finisar. The Motley Fool has no position in Finisar. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.