JDSU - Earnings report " JDSUD "
Shares of JDSUD rose more than 3% in after hours trading after the fiber-optic networker reported a narrower net loss in its first quarter and the company's first profit excluding onetime items in more than five years. JDS Uniphase said its net loss declined to $17.4 million, or 8 cents a share, from a loss of $67 million, or 34 cents a share, a year ago and sales rose 23% to $318 million. Excluding onetime items, the company said it would have earned $6.8 million, or 3 cents a share, compared with a loss of $15.4 million, or 8 cents a share, in the year-ago period. Outlook : JDSU expects net revenue of $332 to $352 million.
Following the good performance in after-hours the stock has now legs to start a rebound after have disappointed in the last two weeks.
Stocks to watch tomorrow : GTW , ERTS , NBIX , WDC , AVNX , AQNT , GMST , RRGB , CA , SINA
That's All. Have a great evening !!!!!
AC
Following the good performance in after-hours the stock has now legs to start a rebound after have disappointed in the last two weeks.
Stocks to watch tomorrow : GTW , ERTS , NBIX , WDC , AVNX , AQNT , GMST , RRGB , CA , SINA
That's All. Have a great evening !!!!!
AC
