Monday, December 3, 2012

From the Finisar fiscal 2013 second quarter earnings to see what?


Finisar announced in December 5th October 28th and the end of the 2 quarter results. The quarterly Finisar profit of $271000, the basic balance of payments. The same period last year FInisar to achieve earnings of $5930000 per share, or 6 cents. After adjustment for non GAAP financial sense, this quarter profit of $14740000, a year ago is 22080000 dollars. Non GAAP profit this quarter or 15 cents per share, last year is 23. The sale of this quarter of $232040000, a year ago is 241490000 dollars. The quarter was $220500000. GAAP sense this quarter gross margin of 27.5%, from 29.1% a year ago, the quarter is 26.2%. In September the Finisar had predicted 2 quarter earnings per share 12 to 16 cents.
Although Finisar in the quarter profit dropped 95% compared to a year ago, but as a result of this performance compared to the previous quarter has improved, especially the Finisar indicated in the control of operating costs to make progress, Finisar share price to rise.
Finisar chairman Jerry Rawls said the 2 quarter of their operating profit than sales rose faster, this is their successful control of operating expenses of the. The quarterly Finisar business cost also includes the acquisition amplifier manufacturer Red-C costs. The quarterly Finisar operating costs increased by 3.8% in 6.2%, artificial cost decreased by R & D and marketing costs partially offset by increased. Finisar is currently in SFP+ module, 100G coherent light Transponder, the next generation of 100G CFP and CFP Transponder R & D investment is larger. Finisar hope that these products can be in 2013 as they lead to more sales and more market share.
Sales, XFP optical module, including ROADM circuit cards, WSS devices are the main sales growth. The quarterly Finisar data communication products sales of $139800000, electrical products sales of $92199000, the same period last year were 128500000 and 113000000 dollar. Compared to the previous quarter, Finisar electrical products sales growth of 11100000 dollars, a number of products increase by $400000. From Finisar's Web site can see, through the acquisition, the company 's current product lines have included optical module, optical amplifier, WSS and ROADM, passive devices, lasers and the transmitting and receiving module, RF optical transmission scheme, instrument, active cable, is not a single optical module suppliers. However, apparently module is still the most important part of the company's sales.
By region, the quarter Finisar in the United States sales of $61202000, $42171000, $43946000 in Malaysia, China, the other 84722000 dollars. A year ago are $56830000, $45217000, $48656000 and $90786000. According to Finisar, so far the company most modules are in Malaysia Ipoh assembly and test factory. VCSEL laser from Texas Allen factory, long wavelength laser from California Fremont factory. This may mean that the Malaysia area of sales is the company 's module products.
Outlook 3 quarter, Finisar expects sales in 2.3 arrive between 245000000 dollars, earnings per share of 14 cents to 18 cents.
In addition, Finisar in their SEC Q10 form is mentioned in the Wuxi plant has invested $9116000.

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