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Stock Market & Financial Investment News

News Breaks
December 5, 2012
16:04 EDTFNSRFinisar reports Q2 EPS 15c , consensus 14c
Reports revenue $232M, consensus $231.85M.
News For FNSR From The Last 14 Days
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December 11, 2014
10:24 EDTFNSROptions with decreasing implied volatility
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December 10, 2014
10:20 EDTFNSROptions with decreasing implied volatility
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December 9, 2014
14:57 EDTFNSRTelecom equipment stocks rally after Verizon CFO comments on wireless CapEx
Telecom equipment stocks, which opened lower, rallied after Verizon (VZ) CFO Fran Shammo said he sees wireless CapEx continuing to trend upward. Shammo, speaking at the UBS 42nd Annual Global Media And Communications Conference, said, "The day we start to cut wireless CapEx is the day we start to wonder where the future of this industry is going." Ciena (CIEN), JDSU (JDSU), and Finisar (FNSR) all reversed earlier losses. PRICE ACTION: In afternoon trading, Ciena is up 1.5%, JDS Uniphase is up 3.8%, and Finisar is up 4.5%. Verizon, which was downgraded this morning to Neutral from Buy by RW Baird, is trading down almost 5%.
December 8, 2014
10:20 EDTFNSROptions with decreasing implied volatility
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December 5, 2014
11:24 EDTFNSRFinisar management to meet with B. Riley
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10:40 EDTFNSROptions with decreasing implied volatility
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05:51 EDTFNSRFinisar weakness a buying opportunity, says Piper Jaffray
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December 4, 2014
18:34 EDTFNSROn The Fly: After Hours Movers
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16:13 EDTFNSRFinisar down 3% after earnings, guidance miss estimates
16:04 EDTFNSRFinisar sees Q3 EPS 23c-27c, consensus 28c
Sees Q3 revenues $297M-$312M, consensus $323.85M. Sees Q3 non-GAAP gross margin of approximately 31%. "The second quarter was challenging. During the quarter, we experienced decreased demand for telecom products compared to the prior fiscal quarter, due to sluggish carrier capital expenditures. In addition, sales of transceivers for wireless applications were soft as were sales to several datacom customers with lumpy order patterns," said Jerry Rawls, Finisar's executive Chairman. "We remain confident in our industry leading market position and the long term growth potential for the industry. We expect revenue to grow sequentially in the third fiscal quarter, primarily driven by growth in the demand for 40 gigabit and 100 gigabit transceivers for datacom applications as well as transceivers for wireless applications," said CEO Eitan Gertel.
16:02 EDTFNSRFinisar reports Q2 EPS 23c, consensus 25c
Reports Q2 revenue $297.0M, consensus $315.25M. Non-GAAP gross margin decreased to 31.1% from 32.0% in the preceding quarter.
15:18 EDTFNSRNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Cooper Companies (COO), consensus $2.03; ULTA Salon (ULTA), consensus 84c; American Eagle Outfitters (AEO), consensus 22c; Five Below (FIVE), consensus 6c; Ambarella (AMBA), consensus 54c; Finisar (FNSR), consensus 25c; Smith & Wesson (SWHC), consensus 7c.

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