More on Finisar (FNSR): FQ1 profits were down 48% Y/Y amid soft demand from Chinese customers...

|About: Finisar Corporation (FNSR)|By:, SA News Editor

More on Finisar (FNSR): FQ1 profits were down 48% Y/Y amid soft demand from Chinese customers but bottom line numbers were better-than-expected. The company also guides to the high-end of FQ2 estimates, projecting revenue to come in around $235M to $250M vs. analysts' expectations of $237M. Shares +7.9% AH.