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Oclaro, Inc. Message Board

  • apdamic apdamic Jan 31, 2013 4:20 PM Flag

    Top end of expectations, but going into a soft quarter!

    "Our revenues were at the top-end of guidance and we have successfully executed to the planned synergies on schedule. We also took action to strengthen our balance sheet. Looking ahead, market and economic conditions remain uncertain in a typically softer March quarter. As a result, our efforts will remain focused on reducing operating expenses and improving margin, as well as capitalizing on our new product introductions and strong customer relationships to maximize revenues."

    Sentiment: Hold

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