Oplink Communications Inc. (OPLK) reported fourth quarter adjusted EPS of $0.19 after the close Thursday, down from $0.28 last year. The consensus estimate was for EPS of $0.12. First quarter non-GAAP EPS is expected to be between $0.16 and $0.22, compared to the consensus estimate of $0.15.
Oplink Communications gapped open higher Friday and climbed during the first half hour of trade. The stock finished up by 2.05 at $16.31 on the highest volume of the year. Oplink Communications broke out to a 3 1/2 month high and re-crossed its 200-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.