Oclaro (OCLR) Tops Q2 EPS by 4c
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Oclaro Announces Second Quarter Fiscal Year 2016 Financial Results
February 2, 2016 4:05 PM ESTSAN JOSE, Calif., Feb. 2, 2016 /PRNewswire/ --Â Oclaro, Inc. (Nasdaq: OCLR), a leading provider and innovator of optical communications solutions, today announced the financial results for its second quarter of fiscal year 2016, which ended December 26, 2015.
"With a second consecutive quarter of 20 percent sales growth in our 100G portfolio we again delivered stronger financial performance. The quarterly revenue growth drove higher gross margin and net income," said Greg Dougherty, Chief Executive Officer, Oclaro. "We continue to see robust demand for our 100G product portfolio combined with favorable market... More
