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JDS Uniphase Remains Neutral
By:
DailyMarkets.com
Posted on March 14, 2012 at 12:55 PM EDT
JDS Uniphase Corp. (NASDAQ:JDSU) reported solid financial results for the second quarter of fiscal 2012, easily beating the Zacks Consensus Estimates. Despite this, management has projected a disappointing revenue figure for the ensuing second quarter of fiscal 2012. The company cited three reasons for this weak outlook. These are: (1) precipitous macro-economic fluctuations (2) short-term [...]
JDS Uniphase Corp. (NASDAQ:JDSU) reported solid financial results for the second quarter of fiscal 2012, easily beating the Zacks Consensus Estimates. Despite this, management has projected a disappointing revenue figure for the ensuing second quarter of fiscal 2012. The company cited three reasons for this weak outlook. These are: (1) precipitous macro-economic fluctuations (2) short-term inventory correction on the part of its customers and (3) a weak seasonality generally associated with the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards Related Stocks:
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