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Finisar stock trading at highest level since January after earnings
Shares of Finisar Corp. (fnsr) are up 10.8% in Friday's session, and they're currently trading at their highest levels since January. The optoelectronics company reported an earnings beat Thursday and delivered a higher-than-expected earnings outlook. Jefferies analyst George Notter wrote that he saw "positive changes from the company" on the cost-cutting front, including with plans to outsource some manufacturing and trimming smaller product lines.
https://finance.yahoo.com/m/0501c2a...723c9/finisar-stock-trading-at.html?.tsrc=rss
Shares of Finisar Corp. (fnsr) are up 10.8% in Friday's session, and they're currently trading at their highest levels since January. The optoelectronics company reported an earnings beat Thursday and delivered a higher-than-expected earnings outlook. Jefferies analyst George Notter wrote that he saw "positive changes from the company" on the cost-cutting front, including with plans to outsource some manufacturing and trimming smaller product lines.
https://finance.yahoo.com/m/0501c2a...723c9/finisar-stock-trading-at.html?.tsrc=rss
