OCLR Falls 4%: FYQ2 EPS Miss, Weak Q1 View
Shares of fiber optics component vendor Oclaro (OCLR) are up 5 cents, or 3%, at $1.67 in late trading after the company this afternoon reported fiscal Q2 revenue that topped analysts’ expectations, but missed on the bottom line, and forecast this quarter below expectations. Revenue in the three months ended in December rose 84% to [...]
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