Seeking Alpha

Optical component vendor Oclaro (OCLR), which already fell 9.5% yesterday, is down 5.6%...

Optical component vendor Oclaro (OCLR), which already fell 9.5% yesterday, is down 5.6% premarket today after reporting FQ1 revenue of $105.8M (-3% Y/Y) and EPS of -$0.22; the latter beat by a penny, but the former missed by $1.3M. More importantly, thanks largely to Thai flooding, Oclaro expects FQ2 revenue of just $75M-$85M, far below a $115.7M consensus. (transcript)

Check out Seeking Alpha’s new Earnings Center »

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs