Finisar Corporation Announces Unaudited Consolidated Financial Results for the Quarter and Nine Months Ended January 27, 2019; Announces Impairment Charges for the Quarter Ended January 27, 2019
For the nine months, the company reported revenue of $970,395,000 against $1,006,414,000 for the same period a year ago. Loss from operations was $19,263,000 against income of $33,250,000 for the same period a year ago. Net loss was $39,065,000 against $29,943,000 for the same period a year ago. Basic and diluted net loss per share was $0.33 per share against $0.26 per share for the same period a year ago.
For the quarter, the company reported impairment of long-lived/intangible assets of $62,000.