JDS Uniphase Corporation (JDSU) Reports Strong Second-Quarter Results
By Benzinga Staff
February 05, 2010 5:18 PM
February 05, 2010 5:18 PM
Research firm Argus has released an update on JDS Uniphase Corporation (NASDAQ: JDSU) in its Market Digest report yesterday. The company has reported results for the fourth-quarter.
The company reported earnings, operating profits, and adjusted EPS at the high end of forecast ranges for the second-quarter. According to Argus, the demand for optical components and solutions could lag overall carrier spending.
The research firm believes the company should remove the relatively small amount of debt on its books if it has to reduce volatility in earnings. Argus has maintained a Hold rating for JDS Uniphase Corporation.
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