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Last €15.64 EUR
Change Today -0.026 / -0.17%
Volume 0.0
FISN On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 12:30 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

finisar corporation (FISN) Snapshot

Open
€15.70
Previous Close
€15.66
Day High
€15.74
Day Low
€15.64
52 Week High
03/17/15 - €21.70
52 Week Low
10/13/14 - €11.18
Market Cap
1.7B
Average Volume 10 Days
522.4
EPS TTM
--
Shares Outstanding
106.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FINISAR CORPORATION (FISN)

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finisar corporation (FISN) Details

Finisar Corporation provides optical subsystems and components for data communication and telecommunication applications in the United States, Malaysia, China, and internationally. Its optical subsystems primarily consist of transmitters, receivers, transceivers, transponders, and active optical cables that provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in communication networks, including the switches, routers, and servers used in wireline networks, as well as the antennas and base stations used in wireless networks. The company also offers wavelength selective switches, which are used to switch network traffic from one optical fiber to multiple other fibers without converting the optical signal to an electronic signal. In addition, it provides optical components comprising packaged lasers, receivers and photodetectors for data communication and telecommunication applications; and passive optical components for telecommunication applications. Finisar Corporation markets its optical products through its direct sales force, as well as through a network of distributors and manufacturers’ representatives to the original equipment manufacturers of storage systems, networking equipment, and telecommunication equipment. The company was founded in 1987 and is headquartered in Sunnyvale, California.

13,400 Employees
Last Reported Date: 06/19/15
Founded in 1987

finisar corporation (FISN) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $585.2K
Co-Founder and Executive Chairman
Total Annual Compensation: $585.2K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $379.1K
Executive Vice President of Global Operations
Total Annual Compensation: $412.3K
Executive Vice President of Technology, Globa...
Total Annual Compensation: $385.3K
Compensation as of Fiscal Year 2015.

finisar corporation (FISN) Key Developments

Finisar Corporation Announces Auditor Changes

On June 29, 2015, the Audit Committee of the Board of Directors of Finisar Corporation dismissed Ernst & Young LLP as the company's principal accountant, effective immediately, thereby ending its audit relationship with E&Y. On June 29, 2015, the Audit Committee of the company's Board of Directors approved the engagement of BDO USA, LLP as the company's independent registered public accounting firm for the company's fiscal year ending May 1, 2016, effective immediately.

Finisar Corp. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended May 3, 2015; Provides Earnings Guidance for the First Quarter of Fiscal 2016; Provides Tax Guidance for the Fiscal Year 2016

Finisar Corp. announced unaudited consolidated earnings results for the fourth quarter and full year ended May 3, 2015. For the quarter, the company reported net income attributable to company of $7.3 million or $0.07 per diluted share on revenue of $320.0 million compared to net income attributable to company of $28.8 million or $0.28 per diluted share on revenue of $306.0 million reported in the same period last year. Income from operations was $10.3 million against $21.1 million reported last year. Income before income taxes and non-controlling interest was $11.5 million against $26.8 million reported last year. Non-GAAP operating income was $28.8 million against $38.9 million reported last year. Non-GAAP net income attributable to company of $26.9 million or $0.25 per diluted share against $37 million or $0.36 per diluted share reported last year. Non-GAAP EBITDA was $49.4 million against $56.6 million reported last year. Fourth quarter capital expenditures totaled $30.1 million. For the year, the company reported net income attributable to company of $11.9 million or $0.11 per diluted share on revenue of $1,250.9 million compared to net income attributable to company of $111.8 million or $1.09 per diluted share on revenue of $1,156.8 million reported in the same period last year. Income from operations was $26.8 million against $111.4 million reported last year. Income before income taxes and non-controlling interest was $20.7 million against $114.4 million reported last year. Non-GAAP operating income was $116.1 million against $162.3 million reported last year. Non-GAAP net income attributable to company of $110.4 million or $1.04 per diluted share against $157.0 million or $1.53 per diluted share reported last year. Non-GAAP EBITDA was $201.2 million against $226.3 million reported last year. The company indicated that for the first quarter of fiscal 2016 it currently expects revenues in the range of $308 to $328 million, non-GAAP gross margin of approximately 30.5%, non-GAAP operating margin of approximately 8.8% to 9.8%, and non-GAAP earnings per diluted share in the range of approximately $0.23 to $0.29. Capital expenditures are expected to be approximately $35 million in the first quarter. Non-GAAP taxes are estimated at approximately 7% in fiscal 2016.

Finisar Corp. to Report Q4, 2015 Results on Jun 18, 2015

Finisar Corp. announced that they will report Q4, 2015 results at 5:00 PM, US Eastern Standard Time on Jun 18, 2015

 

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Industry Analysis

FISN

Industry Average

Valuation FISN Industry Range
Price/Earnings 100.0x
Price/Sales 1.4x
Price/Book 1.6x
Price/Cash Flow 90.2x
TEV/Sales 0.9x
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