Opnext Inc

Type: Company
Name: Opnext Inc
Nationality: United States
Web Address: http://www.opnext.com/
First reported May 07 2014 - Updated May 07 2014 - 1 reports

Why Oclaro (OCLR) Stock Is Falling Today

NEW YORK (TheStreet) -- Oclaro was falling -39.1% to $1.62 Wednesday after missing analysts' expectations in the fiscal third quarter, and guiding below estimates for the fourth quarter. For the third quarter Oclaro reported a loss of -17 cents a share, ... [Published The Street Latest - May 07 2014]

Quotes

"Oclaro Inc. is a provider of optical communications and laser components, modules and subsystems for a range of markets, including telecommunications (telecom), industrial, scientific, consumer electronics and medical. The Company's product offerings include tunable laser, lithium niobate external modulators, pump laser chips, thin film filters, and amplifiers. The Company is a supplier of optical network technology to telecom equipment companies worldwide. The Company designs, manufactures and markets optical components, modules and subsystems that generate, detect, amplify, combine and separate light signals in telecom networks. On July 23, 2012, the Company acquired Opnext Inc. (Opnext). In November 2013, II-VI Inc announced that it has completed the acquisition of the fiber amplifier and micro-optics business (the Business) of Oclaro Inc."

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Why Oclaro (OCLR) Stock Is Falling Today [Published The Street Latest - May 07 2014]
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