Oclaro (OCLR) -6.8% AH after warning it expects FQ1 (Sep. quarter) revenue of $149M, below a $162.2M consensus. Oclaro, which closed its acquisition of Opnext on July 23, blames weak market conditions, a slower-than-expected recovery of share lost thanks to Thai flooding, and a slow ramp of new products, including costlier 40G and 100G parts. Might the Opnext deal also be prompting customers to diversify? Optical component rivals JDSU, FNSR, OPLK, and NPTN could fall in sympathy.
Oclaro (OCLR) -6.8% AH after warning it expects FQ1 (Sep. quarter) revenue of $149M, below a...
From other sites
at CNBC.com (Jun 23, 2011)
at CNBC.com (Mar 2, 2011)
at CNBC.com (Feb 23, 2011)
at CNBC.com (Feb 22, 2011)
at CNBC.com (Feb 4, 2011)
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