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October 8, 2012
10:13 EDTOPLK, FN, EMKR, NPTN, FNSR, CIEN, JDSU, OCLROptical component makers lower after Oclaro misses expectations
Several companies that make optical network components for telecom products are sinking after one of the names in the space, Oclaro (OCLR), announced on Friday night that its first quarter revenue would be lower than expected. Oclaro, which said its revenue would be below both its guidance and analysts' consensus estimates, cited "challenging market conditions" and a slower than expected ramp of its new products as two reasons for its revenue shortfall. In a note to investors earlier today, Needham analyst Alex Henderson wrote that Oclaro's problems probably aren't affecting other companies in its sector. Among other companies in the sector, Henderson expects Finisar (FNSR) to report results in-line with analysts' expectations, and believes that Fabrinet's (FN) results are likely to be consistent with its previous guidance. Needham's favorite names in the sector are Neophotonics (NPTN) and Oplink (OPLK), and it also recommends Ciena (CIEN) and Emcore (EMKR). The firm maintained a Hold rating on Oclaro, which dropped 18c, or 6.84%, to $2.45 in early trading. Meanwhile, optical component maker JDS Uniphase (JDSU) slid 3.17% to $11, Finisar lost 2.14% to $13.23, and Fabrinet retreated 3.45% to $11.20,
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October 8, 2015
10:53 EDTCIENRBC Capital to hold a tour
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October 7, 2015
09:12 EDTCIENCiena announces expansion of family leave policies
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September 25, 2015
11:43 EDTCIENCiena management to meet with Needham
Meetings to be held in Chicago/Milwaukee on September 30, in Minneapolis on October 1 and in Kansas City on October 2 hosted by Needham.

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