JDS Uniphase Corp. (JDSU) posted a second quarter loss of $19.5 million or $0.09 per share, compared to a loss of $722.9 million or $3.36 per share in the prior year period. On a non-GAAP basis, net income for the quarter was $26.6 million or $0.12 per share, compared to $25.6 million or $0.12 per share in the year-ago quarter.
On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $0.09 per share. Analysts' estimates typically exclude special items.
Net revenue for the quarter was $342.9 million, compared to $353.8 million in the year-ago period. Non-GAAP net revenue was $343.8 million, compared to $354.0 million in last year quarter.
Nine Wall Street analysts expected revenues of $334.24 million for the quarter.
Looking forward, for the third quarter, the company expects non-GAAP net revenue in the range of $325 to $350 million. Wall Street analysts expect revenues of $322.68 million.
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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.