JDS Uniphase (JDSU): FQ2 EPS of $0.15 beats by $0.05. Revenue of $412.8M (-13% Y/Y) beats by $22M FQ2: The company expects FQ3 revenue of $410M-$425M, compared with a $418M consensus. Optical component sales for the telecom market fell 18% Y/Y, and test & measurement equipment sales fell 15%. However, commercial laser sales rose 11%. Each of its business units saw a book-to-bill ratio above 1 in FQ2. JDSU +6.6% AH. FNSR +3.8% in sympathy
JDS Uniphase (JDSU) resistance level is $14.57 and support level is $11.50.
More Stocks News
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/