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FNSR - Finisar - Deel 2

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  1. welshterrier 5 4 maart 2008 20:47
    Finisar Q3 Loss Widens; Revenues Up 5%

    (RTTNews) - Finisar Corp. (FNSR) reported third quarter net loss of $10.6 million, compared to net income of $0.4 million in the same quarter last year. On a per share basis, the company posted loss for the latest quarter of $0.03, compared to a breakeven in the previous year quarter.

    Non-GAAP net income for the third quarter was $7.0 million or $0.02 per share, lower than $11.8 million or $0.04 per share in the prior year quarter.

    Quarterly total revenues increased 4.9% to $112.7 million from $107.5 million in the corresponding quarter prior year.

    Analysts, on average, polled by First Call/Thomson Financial expected the company to report earnings of $0.02 per share on revenue of $111.51 million for the quarter.

    For the nine-month period, net loss was $27.7 million or $0.09 per share, in comparison with a net loss of $29.4 million or $0.10 per share in the previous year quarter. Total revenues for the period were $319.18 million, down from $321.95 million in the prior year quarter.

    For comments and feedback: contact editorial@rttnews.com





  2. welshterrier 5 4 maart 2008 20:48
    Mar 4, 2008 | 2:44PM US Market Open NASDAQ 2231.88 -26.72 -1.18% | DJIA 12102.35 -156.55 -1.28% | S&P 1315.62 -15.72 -1.18%

    Page: FlashQuotes InfoQuotes Summary Quote Charts Pre-Market Charts After Hours Charts Revenue / EPS Summary Company Financials - View Competitors - Short Interest Company News Press Releases Analyst Stock Research Stock Report Real-Time SEC Filings - Holdings/Insider Summary - Institutional Holdings - Insider Form 4 Equity Options Pre-Market Quotes After Hours Quotes Company Research - StockConsultant - Guru Analysis Annual Report Symbol List:FNSRGTCBINSM Edit Symbol List Symbol Lookup FlashQuotes InfoQuotes Summary Quotes Company News Charts Stock Analysis Fundamentals Holdings/Ownership Options Chain Company News

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    FNSR
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    Deutsche Bank Reiterates Finisar Corp. At Buy With $2.25 Price Target

    (RTTNews) - Deutsche Bank Reiterates Finisar Corp. (FNSR) At Buy With $2.25 Price Target

    For comments and feedback: contact editorial@rttnews.com




  3. [verwijderd] 29 juni 2009 17:20


    Finisar Introduces Industry's First 150 Gbps Parallel Active Optical Cable
    Based on the Industry-Standard CXP Form Factor, Finisar's High-Performance Active Cable Enhances Computing Connectivity in High-Speed Applications

    SUNNYVALE, CA and HAMBURG, GERMANY, Jun 22, 2009 (MARKETWIRE via COMTEX News Network) -- Finisar Corporation (NASDAQ: FNSR), a technology leader in fiber optic solutions for high-speed networks, today introduced C.wire(TM), a 150 gigabit per second (Gbps) optical link for storage, data center, and high-performance computing connectivity. Based on the CXP form factor, the C.wire active optical cable (AOC) utilizes fiber optic technology to transmit parallel high-speed data in 100+ Gbps applications such as InfiniBand, 100G Ethernet, and proprietary high-speed interconnections. Finisar will demonstrate this new active cable at the International Supercomputing Conference (ISC'09) in Hamburg, Germany, June 22-24, 2009 at booth #612.

    With the increase in I/O bandwidth required by next generation CPUs, protocols such as InfiniBand and Ethernet need very high speed connectivity solutions for next-generation data center architectures. Aggregation Switches, Stacked Switches and Meshed Network Topologies need to deploy cabling solutions which are beyond the bandwidth and distance limitations available in copper.

    C.wire provides the smallest footprint of any cable solution available today for applications requiring data throughput of 100Gbps and beyond. It transmits parallel 12x12.5 Gbps data bi-directionally over a multimode fiber (MMF) ribbon cable. Its superior low-power, small bend radius and high-density (Gb/s per mm^3) make it the ideal connectivity solution for growing data centers and HPC clusters.

    "Finisar's C.wire will drive data center connectivity to new levels," said Alan Benner, Senior Technical Staff Member at IBM Corporation and Chair of the ElectroMechanical Working Group for the InfiniBand Trade Association. "With InfiniBand QDR 40 Gbps server connectivity available today and 120 Gbps coming soon, we need solutions like Finisar's active optical cables to drive higher density switches at lower power."

    "With C.wire you can now get connections above 100 Gbps anywhere in the datacenter without worrying about whether you need copper or optics," said Karen Liu, Vice President, Ovum RHK. "Aside from operation simplicity, Finisar's innovation addresses these increasingly urgent issues as datacenters grow in both size and speed: power consumption, density and reach."

    "As evidenced in recent analyst reports by IGI and Lightcounting, Active Optical Cables are quickly becoming the next generation interconnects of choice for high-speed datacenter and HPC connectivity," said Jan Meise, director of strategic marketing at Finisar Corporation. "C.wire represents the third member of Finisar's cable family and is a clear demonstration of our commitment to providing breakthrough cable technology that will ensure 100G computing connectivity as early as 2010."

    C.wire's product offerings include a 12x12.5 Gbps cable for proprietary interconnects and a 12x10 Gbps cable for InfiniBand 12xQDR and 100GbE applications. To request a sample or to find more information about Finisar's active optical cable product line, contact the company at #1-408-548-1000, send email to cables@finisar.com or visit www.finisar.com/cables. For more information about ISC'09, visit: www.supercomp.de.

    About Finisar

    Finisar Corporation (NASDAQ: FNSR) is a global technology leader for fiber optic subsystems and network test systems that enable high-speed voice, video and data communications for networking, storage, wireless, and cable TV applications. For more than 20 years, Finisar has provided critical optics technologies to system manufacturers to meet the increasing demands for network bandwidth and storage. Finisar is headquartered in Sunnyvale, California, USA with R&D, manufacturing sites, and sales offices worldwide. For additional information, visit www.finisar.com.

    SAFE HARBOR UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

    The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements included in this press release are based upon information available to Finisar as of the date hereof, and Finisar assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties which could cause actual results to differ materially from those projected. Examples of such risks include those associated with: the uncertainty of customer demand for Finisar's products; the rapidly evolving markets for Finisar's products and uncertainty regarding the development of these markets; Finisar's historical dependence on sales to a limited number of customers and fluctuations in the mix of products and customers in any period; ongoing new product development and introduction of new and enhanced products; the challenges of rapid growth followed by periods of contraction; and intensive competition. Additional risks include the potential impact of pending civil litigation arising from the investigation of Finisar's historical option granting practices. Further information regarding these and other risks relating to Finisar's business is set forth in Finisar's quarterly report on Form 10-Q (filed March 12, 2009).

    Image Available: www2.marketwire.com/mw/frame_mw?attac... Image Available: www2.marketwire.com/mw/frame_mw?attac...

    MEDIA CONTACTS:
    Victoria McDonald
    Finisar Corporation
    (408) 542-4261
    victoria.mcdonald@finisar.com

    Jennifer Miu
    Voce Communications for Finisar Corporation
    (408) 738-7873
    jmiu@vocecomm.com

    SOURCE: Finisar

    mailto:victoria.mcdonald@finisar.com
    mailto:jmiu@vocecomm.com

    Copyright 2009 Marketwire, All rights reserved.

    News Provided by COMTEX

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