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JDSU Pops 5%: FYQ2 Tops Estimates, Q3 View in Line
Posted on February 01, 2012 at 17:31 PM EST
Shares of fiber optics component maker JDS Uniphase (JDSU) are up 68 cents, or 5%, at $13.82 in late trading after the company this afternoon reported fiscal Q2 results better than expected and forecast this quarter’s revenue in line with expectations. Revenue in the three months ended in December rose to $413 million, yielding EPS [...]
Shares of fiber optics component maker JDS Uniphase (JDSU) are up 68 cents, or 5%, at $13.82 in late trading after the company this afternoon reported fiscal Q2 results better than expected and forecast this quarter’s revenue in line with expectations. Revenue in the three months ended in December rose to $413 million, yielding EPS of 15 cents, ahead of the average estimate for $391 million and 10 cents. For the current quarter, the company sees revenue of $410 million to $425 million, roughly in line with the average $418 million estimate. Related Stocks:
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