JDSU adjusted 1Q earnings beat consensus estimate |
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Published
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Wed, 31 Oct 2007 21:41
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NEW YORK (Thomson Financial) - JDS Uniphase reported late Wednesday adjusted earnings of $18 million, or 8 cents a share, exceeding the mean estimate of analysts polled by Thomson Financial of 6 cents a share.In the same period a year earlier, the company earned $6.8 million, or 3 cents a share.Adjusted net revenue for the period rose 12% to $357.2 million. Analysts had expected $355.9 million for the quarter.For the second quarter, the company expects adjusted net revenue of $372 million to $394 million. Analysts are looking for $393 million.The stock of the Milpitas, Calif.-based provider of communications test and measurement solutions closed the regular session at $15.26.Wanfeng Zhouwz/gmCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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NASDAQ
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1535.57 |
+3.47 (
0.23 %)
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2007-09-26 ) |
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HANSON
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12:41pm )
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1099.00 |
+3.00 (
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AMVESCAP
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11:35am )
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607.50 |
+2.50 (
0.41 %)
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2008-11-28 )
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2008-11-28 )
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