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Oclaro announces ‘record’ third quarter results

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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