Daily Stocks News » FNSR

Major Movers on June 20; MU, NOK, MSFT, GME, RAD, FNSR, WMGI

Warren Paige — Thu, 20 Jun 2013 18:42:49 +0000

Micron Technology Inc, (NASDAQ: MU) plunged about 3.15% by afternoon trade. Across-the-board sell-off in U.S. equities on Thursday could be the only reason why Micron shares are sliding. The Company handed better-than-expected fiscal third quarter results on Wednesday. For the quarter, the company reported adjusted earnings of 4 cents a share on revenue of $2.32 [...]

Finisar Corp Provides Upbeat Q1 Earnings Guidance, Shares Rally in Afterhours (FNSR)

Warren Paige — Thu, 20 Jun 2013 09:28:07 +0000

Finisar Corporation (NASDAQ: FNSR) said late last evening that its fiscal fourth-quarter net income slumped 78% as acquisitions related write-downs and charges offset the communication solution provider’s improved revenue growth and higher margin.

However, shares rallied about 11.50% in afterhours trading as the Company provided upbeat guidance for the current while adjusted earnings for [...]

Finisar Q4 Outlook In-Line With Street’s Forecast (FNSR)

Warren Paige — Fri, 08 Mar 2013 09:53:04 +0000

Telecommunications-equipments and solutions provider, Finisar Corporation (NASDAQ: FNSR) reported late last evening that it swung into a loss in its fiscal third quarter bottom line felt the pinch due to dip in revenue and higher expenses.

However, on adjusted basis, earnings edged past Street’s consensus by a penny and the company also provided outlook [...]