Seeking Alpha

More on JDS Uniphase's FQ1: FQ2 guidance is for revenue of $410M-$430M, well below a $464.4M...

More on JDS Uniphase's FQ1: FQ2 guidance is for revenue of $410M-$430M, well below a $464.4M consensus. Not surprisingly, JDS blames weak telecom capex. But the fact it's predicting the industry won't see the usual "year-end budget release" could raise eyebrows. Optical component/module sales rose 8.6% Y/Y, but test/measurement equipment fell 8.5%. A 50 bps Q/Q improvement in gross margin helped EPS beat estimates. CC underway (webcast). FNSR, OCLR, OPLK, and NPTN could move in sympathy tomorrow. (slides - PDF) (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|