Following the third quarter earnings announcement on May 3, none of the analysts covering JDS Uniphase Corp. (NASDAQ:JDSU) have revised their estimates. The brokers have retained their estimates based on the belief that the volatile macroeconomic conditions, delays in carrier spending and other negative news has already been reflected in the current valuation.
First Quarter Highlights
On a GAAP basis, quarterly net loss was $17.4 million or 8 cents per share, compared with a net income of $38.6 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards