Fiber optic component maker JDS Uniphase (JDSU) this afternoon reportedfiscal Q4 revenue and profit that topped analysts’ estimates, and a revenue range for this quarter slightly lower than expected.
Revenue in the three months ended in June fell 7%, year over year, and rose quarter over quarter by 7.4%, to $439 million, yielding EPS of 15 cents.
Analysts on average had been expecting $421.5 million, and 12 cents a share.
Gross margin in the quarter fell to 45% from 46.7% a year earlier.
JDS ended the quarter with a book-to-bill ratio greater than 1, it said.
The test and measurement business rose by 10% from the prior quarter, while communications products rose by 6.9% and “advanced optical technologies” fell by a fraction of a percent.
For the current quarter, the company sees revenue of $415 million to $435 million, slightly below the average $429.5 million estimate.
CEO Tom Waechter said JDS enjoyed market share gains and financial leverage in the quarter “despite challenging economic conditions.”
JDSU shares are up 52 cents, or almost 5%, at $11.20.
Shares of some other fiber optics component makers are also rising in late trading, including Oplink Communications (OPLK), up 2.2%, Oclaro (OCLR), up 2%, Finisar (FNSR), up 0.8%, though Exfo (EXFO) is down 3 cents, or half a percent, at $5.48.
JDSU management will host a conference call with analysts at 5 pm, Eastern time, and you can catch the webcast of it here.
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