Earnings: Finisar Revenues Up $FNSR

Finisar Corporation, a global leader for fiber optic communications systems, has announced its annual results for FY-2015-16.

The results shows Revenues Up by 4.5% to $320 Million and EPS improves from $0.02 to $0.07 YoY.

Fiscal Q4 2015 Highlights vs. Same Year-ago Quarter (May 2015)

Total revenues up 4.5% to $320.0 million

Total gross margin improved to 27.9%

Total Operating margin improved to 3.2%

Fiscal Year 2015 Highlights vs. Fiscal Year 2014

Total revenues up 8.1% to $1250.9 million

Total gross margin improved to 30.9%

Total Operating margin improved to 9.3%

View the full earnings release here.