|
|
News Breaks | | | | March 8, 2013 | | 11:17 EDT |  | FNSR | Finisar falls after results and guidance, levels to watch
The company announced earnings last night after the close and gave guidance for its Q4. The lower end of the range was set at 15 cents, while consensus is at 17 cents. At the current price of $14.10, the shares are down over 6.8%. Support is at $14.61. Resistance is at $15.16. | |
|
News For FNSR From The Last 14 Days Check below for free stories on FNSR the last two weeks. |
|
|
| May 8, 2013 | | 11:44 EDT |  | FNSR | Finisar is shipping volume to Arista, says Needham
 Subscribe for More Information | | | 09:09 EDT | | FNSR | Finisar not primary source for Arista's 100G Optics, says Jefferies
Jefferies says its channel checks indicate that contrary to recent reports, Avago (AVGO), not Finisar (FNSR), is the current primary source for the board mounted optics used in Arista's new 7500E switch. Further, Jefferies' channel checks indicate steep price erosion at 100G. The firm reiterates an Underperform rating on shares of Finisar with a $7.50 price target. | |
|
|
|
|
|
|
