UPDATE: JDS Uniphase Posts Upbeat FQ4 Results
JDS Uniphase (NASDAQ: JDSU) reported a loss in the fiscal fourth quarter.
JDS Uniphase posted a quarterly loss of $24.3 million, or $0.10 per share, versus a year-ago profit of $9.3 million, or $0.04 per share.
Its revenue fell to $439.3 million, from $471.8 million. Its adjusted profit came in at $0.15 per share. However, analysts were projecting a profit of $0.12 per share on revenue of $421.6 million.
For the current quarter, JDS Uniphase projects adjusted revenue of $415 million to $435 million, versus analysts' estimates of $426.1 million.
JDS Uniphase shares gained 3% to $11.00 in after-hours trading.
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