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More on Finisar's (FNSR) FQ3: Revenue hurt by 3.3% Q/Q drop in sales to telecom market; sales to...
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Wednesday, February 29, 2012, 4:56 PM ETMore on Finisar's (FNSR) FQ3: Revenue hurt by 3.3% Q/Q drop in sales to telecom market; sales to the datacom (enterprise) market rose 4%. Accounts receivable rose by $8.1M Q/Q. The company expects FQ4 revenue of $235M-$250M and EPS of $0.18-$0.22, below a consensus of $253.5M and $0.25. FNSR -10% AH. JDSU -3.2% in sympathy. (PR)
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