Finisar Corp. (Nasdaq: FNSR) reported sharply higher fourth quarter earnings of 29 cents per share compared with 4 cents per share in the year ago period but the results fell short of analyst expectations and the company forecast current quarter revenue below estimates. The stock price plummeted $5.72 to $19.53.
Finisar falls short
June 13, 2014 at 14:24 PM EDT