Finisar Guidance Tops Views, JDSU Deal Coming?

By | March 6, 2015

Scalper1 News

Finisar (FNSR) forecast current-quarter earnings and revenue ahead of views after reporting in-line fiscal Q3 earnings late Thursday amid speculation over consolidation in the fiber-optics supplier market. Finisar could acquire the Communications and Commercial Optical (CCOP) business of JDS Uniphase (JDSU), analysts say. Milpitas, Calif.-based JDS Uniphase plans to spin off its CCOP unit as Lumentum Holdings. On Finisar’s fiscal Q3 earnings Scalper1 News

Scalper1 News