Oclaro (OCLR) Preliminary Q1 Revs Miss Views
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Oclaro, Inc. (Nasdaq: OCLR) announced preliminary revenues of approximately $149 million in its first fiscal quarter ending September 29, 2012, compared to the low end of its guidance of $154 million, previously issued on July 31, 2012. On July 23, 2012 the Oclaro/Opnext merger closed. The first fiscal quarter includes revenues from the former Opnext subsequent to the close of the merger.
The Street sees revs of $162.2 million.
The Street sees revs of $162.2 million.
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