|Bid||18.14 x 900|
|Ask||18.15 x 3200|
|Day's range||18.08 - 18.55|
|52-week range||14.25 - 28.84|
|PE ratio (TTM)||N/A|
|Earnings date||5 Sep 2018 - 10 Sep 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||21.09|
Finisar (FNSR) plans to increase its VCSEL production capacity significantly in the new facility. Its production is expected to commence by the end of this year with 200 employees already on board.
Finisar (FNSR), a world leader in 3D Sensing VCSEL (Vertical Cavity Surface Emitting Laser) technology, today announced an upcoming ribbon-cutting ceremony to celebrate its new manufacturing facility in Sherman, Texas. Finisar will use the site to increase production capacity of its VCSELs and related 3D Sensing technologies, used in a wide range of applications.
SUNNYVALE, Calif., June 25, 2018-- Finisar, a world leader in optical communication modules and 3 D Sensing VCSEL technology, today announced its participation at Sensors Expo with several demonstrations ...
Shares of Finisar Corp. are down 2.4% in premarket trading Friday after the optoelectronics company reported in-line revenue and weaker-than-expected earnings for its April-ended quarter. Jefferies analyst George Notter reiterated his buy rating and $24 price target after the results came out, writing that he believes Wall Street is too pessimistic about the stock. Notter sees recovery potential in the 3D-sensing and optical markets, and he thinks the company could benefit from strategic changes that management hinted at during the latest earnings call.
This afternoon’s earnings reports bring nice results for fiber-optic component supplier Finisar (FNSR) and contract electronics manufacturer Jabil (JBL), but a bit of disappointment for investors in software powerhouse Adobe Systems (ADBE). Finisar rises despite ‘disappointment' Finisar stock is up 23 cents, or 1.3%, at $17.93, in late trading, after the company missed with its profit for the April-ending fiscal Q4, but beat on revenue and forecast this quarter’s revenue just slightly below consensus. CEO Michael Hurlston said the company was “disappointed” with the results, and he pointed in particular to a decline in gross profit margin, to 20.2% from 26.5% in the prior quarter.
SUNNYVALE, Calif. (AP) _ Finisar Corp. (FNSR) on Thursday reported a fiscal fourth-quarter loss of $18.3 million, after reporting a profit in the same period a year earlier. The results missed Wall Street expectations. For the current quarter ending in August, Finisar expects its per-share earnings to range from 10 cents to 16 cents.
SUNNYVALE, Calif., June 14, 2018-- Finisar Corporation, a global technology leader for subsystems and components for fiber optic communications, today announced financial results for its fourth fiscal ...
Finisar Corporation (NASDAQ:FNSR) is currently trading at a trailing P/E of 19.6x, which is lower than the industry average of 29.7x. While this makes FNSR appear like a great stockRead More...
SUNNYVALE, Calif., June 04, 2018-- Finisar Corporation, a global technology leader in high-speed optical communications, will announce its fiscal fourth quarter and full fiscal year 2018 financial results ...
The issues weighing on fiber optic networking stocks are many and varied, but they all seem to be of the short-lived variety.
Shares in optical-component makers climbed Friday amid a report the Trump administration has hammered out a deal with China to lift sanctions barring U.S. companies from selling devices to the telecom gear maker ZTE.
NEW YORK (AP) — The stocks of a slew of technology companies jumped Monday after President Donald Trump appeared to lobby on behalf of ZTE, a Chinese telecom company that has been sanctioned by the U.S.
Optical-technology stocks are having a second really bad week after the U.S. Department of Justice opened a criminal investigation into China’s privately held Huawei, which buys parts from the optical companies. While the component maker shares crashed, some analysts see potential benefit for the two optical-systems makers that compete most closely with Huawei, Ciena (CIEN) and Infinera (INFN). The Wall Street Journal’s Stu Woo and Aruna Viswanatha relate that multiple unnamed sources say the DoJ is “investigating whether Huawei Technologies Co. violated U.S. sanctions related to Iran.” This is just the latest action against Iran, which has long been blocked from selling telecom equipment to U.S. carriers by the U.S. government.
Shares of Lumentum Holdings Inc. are down 7.2% in Wednesday morning trading after a Wall Street Journal report indicated that the Justice Department is looking into whether Chinese smartphone maker Huawei ...
One hand-picked buyout in an industry craving some sunlight triggered some roller-coaster action among the acquisition target's peers.
Finisar Corporation (FNSR) was a big mover last session, as the company saw its shares rise more than 6% on the day amid huge volumes.
Finisar remains an optical device supplier to Apple despite speculation over the iPhone maker's supply chain, says one analyst.