Oclaro (OCLR) Tops Q3 EPS by 2c; Guides Q4 Revs Above the Street
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Piper Jaffray Raises Price Target on Oclaro (OCLR) to $6.75 Following 3Q Beat
May 4, 2016 9:27 AM EDTPiper 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 EDTNeedham & 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
