Finisar Corp. (Nasdaq: FNSR) reported sharply lower third quarter
earnings of 2 cents per share compared with 28 cents per share a year
earlier but
revenue rose to top estimates and the company forecast current quarter
earnings and revenue ahead of expectations. The stock price climbed
$1.90 to close at $22.23.
Finisar's forecast tops estimates
March 06, 2015 at 18:37 PM EST