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Created May 8, 2017

Optical communications systems developer Oclaro has presented positive financial results for its third quarter of fiscal year 2017, which ended April 1, 2017.

Revenues were $162.2 million for the quarter, compared with $153.9 million in Q2 2017, and $101.1 million in Q3 2016. Gross margin was 41.6% for Q3, compared with 39.8% in Q22017, and 27.2% in Q3 2016.

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