Oclaro Announces Third Quarter Fiscal Year 2016 Financial Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/4/2026

1. ZS
2. LULU
3. IOT
4. SPY
5. PATH
6. DOCU
7. ASAN
8. CIEN
9. GWRE
10. NVDA

Go back to Oclaro Announces Third Quarter Fiscal Year 2016 Financial Results

Piper Jaffray Raises Price Target on Oclaro (OCLR) to $6.75 Following 3Q Beat

May 4, 2016 9:27 AM EDT

Piper Jaffray reiterated an Overweight rating on Oclaro (NASDAQ: OCLR), and raised the price target to $6.75 (from $6.50), following the company's 3Q earnings report. Revenues were reported at $2.6M, higher than the Street, and exceeded the mid-point of the companys prior guidance ($97 103M). Non-GAAP earnings per share were slightly ahead of... More

Needham & Company Reiterates Buy on Oclaro (OCLR) Following 3Q - PT to $7

May 4, 2016 8:03 AM EDT

Needham & Company reiterated a Buy rating on Oclaro (NASDAQ: OCLR), and raised the price target to $7.00 (from $6.50), following the company's 3Q earnings report. Needham Increased CY16 revenue estimates to $467MM from $439MM, and EPS to $0.19 from $0.13.

Analyst Alex Henderson commented,... More

Oclaro (OCLR) Tops Q3 EPS by 2c; Guides Q4 Revs Above the Street

May 3, 2016 4:12 PM EDT

Oclaro (NASDAQ: OCLR) reported Q3 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $101.1 million versus the consensus estimate of $98.5 million.

"The March quarter represents our third consecutive quarter of approximately 7 percent sequential revenue growth. In... More