Finisar Corp. (FNSR) reported fourth quarter adjusted EPS of $0.36 after the close Thursday, compared to $0.20 in the previous year. The consensus estimate was for EPS of $0.38. First quarter EPS is expected to be between $0.30 and $0.34, compared to the consensus estimate of $0.41. The stock is now down 4.54 on 1.1 million shares.
Finisar traded in a range throughout Thursday's session and closed up by 0.03 at $25.25. The stock pulled back from the upper end of a 1-month range.
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