Finisar Corp. (FNSR) reported net income for the fourth quarter of $3.9 million or $0.04 per share, compared to $18.0 million or $0.19 per share for the year-ago quarter.
Excluding items, adjusted net income for the latest quarter was $19.8 million or $0.20 per share.
Revenue for the fourth quarter rose to $243.42 million from $239.91 million a year ago.
Analysts polled by Thomson Reuters expected the company to earn $0.17 per share on revenue of $242.60 million for the fourth quarter. Analysts' estimates typically exclude special items.
Looking forward, the company forecasts first quarter revenue in the range of $245 million to $260 million and adjusted earnings in the range of $0.22 to $0.26 per share. Analysts currently expect the company to earn $0.20 per share on revenue of $248.94 million for the first quarter.
For comments and feedback contact: editorial@rttnews.com
Business News
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.