18.90 0.00 (0.00%)
After hours: 4:35PM EDT
|Bid||18.90 x 36200|
|Ask||19.10 x 40700|
|Day's Range||18.51 - 19.30|
|52 Week Range||14.25 - 25.44|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 5, 2018 - Sep 10, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.09|
Shares of Viavi Solutions Inc. (viav) are up 2.7% in premarket trading Monday after Needham analyst Alex Henderson upgraded the stock to buy from hold. "3D has been priced in at Lumentum (lite) II-VI (iivi) and Finisar (fnsr) we think it's less in the numbers at Viavi due to the slow start," Henderson wrote.
NEW YORK, July 31, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Finisar ...
NEW YORK, July 30, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Finisar ...
MARKET PULSE Optical stocks were hit Friday after President Donald Trump said he was prepared to "go to 500" in a tariff battle with China, referring to the idea that the U.S. may levy tariffs on $505 billion in Chinese products, or the whole import balance from last year.
For example, Apple’s (AAPL) iPhone X has a front-facing camera that lets it measure the contours of your face, in order to recognize you and unlock the phone. Key suppliers for the technology are Lumentum Holdings (LITE) and Finisar (FNSR). "WIN expects VCSEL sales in CY2H18 to be less than previously expected,” writes Alex Henderson of Needham & Co., who follows shares of Lumentum, “and up less than 100% year over year.” He was referring to “vertical cavity surface emitting lasers,” the light source used in the iPhone X’s front-facing camera that does the Face ID.
LONDON, UK / ACCESSWIRE / July 12, 2018 / If you want a free Stock Review on PANW sign up now at www.wallstequities.com/registration. This Thursday, WallStEquities.com has initiated reports coverage on the following Technology equities: Finisar Corp. (NASDAQ: FNSR), Palo Alto Networks Inc. (NYSE: PANW), CoreLogic Inc. (NYSE: CLGX), and MSCI Inc. (NYSE: MSCI).
LONDON, UK / ACCESSWIRE / July 11, 2018 / If you want access to our free earnings report on Finisar Corp. (NASDAQ: FNSR), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=FNSR. Finisar reported its financial results on June 14, 2018, for the fourth quarter and full fiscal year 2018. The Company provided its guidance for the first quarter of fiscal year 2019.
Finisar Corp. (NASDAQ: FNSR) is almost halfway through hiring the workforce for its new Sherman facility, where it will make iPhone parts. Finisar is a major supplier for Apple Inc. (NASDAQ: AAPL) and makes the vertical-cavity surface-emitting lasers, or VCSELs, that power things like Face ID, Animoji and Portrait mode selfies for the iPhone X. "Finisar is excited to unveil this new state-of-the-art facility, which will expand critical production capacity of our VCSEL products needed to support customer requirements," said Michael Hurlston, Finisar's CEO, in a prepared statement. "We are also pleased to create hundreds of manufacturing jobs in the US," he added, "And to hire talent from the local area as we work together to make Sherman the VCSEL Capital of the World." Finisar also has a manufacturing plant in Allen but needed more space to make the VCSELs.
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.
NEW YORK, NY / ACCESSWIRE / June 29, 2018 / U.S. markets rebounded Thursday on the strength of the financial and technology sectors. The Dow Jones Industrial Average jumped 0.41 percent to close at 24,216.05, ...
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 ...
MARKET PULSE Shares of optoelectronics company Lumentum Holdings Inc. (lite) are up nearly 4% in premarket trading after Goldman Sachs analyst Rod Hall upgraded the stock to buy from neutral. "We note that Lumentum's 3D sensing business is robust and gaining pace and the Lasers business is seeing strong demand," Hall wrote.
LONDON, UK / ACCESSWIRE / June 18, 2018 / If you want access to our free earnings report on EchoStar Corp. (NASDAQ: SATS), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=SATS. The Company reported its first quarter fiscal 2018 operating and financial results on May 10, 2018. Active-Investors.com is currently working on the research report for Finisar Corporation (NASDAQ: FNSR), which also belongs to the Technology sector as the Company EchoStar.
Optoelectronics company Finisar Corporation (NASDAQ: FNSR ) reported Thursday afternoon with disappointing fiscal fourth-quarter results, but that shouldn't alter the bullish long-term thesis, according ...
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.
Check out the companies making headlines after the bell: Shares of Adobe ADBE tumbled 3 percent in extended trading. The design software company reported better-than-expected earnings for the second quarter of its 2018 fiscal year and forecast strong third-quarter guidance.