Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments

Finisar Revenue Reaches $1.26B in Fiscal 2016

Photonics.com
Jun 2016
SUNNYVALE, Calif., June 22, 2016 — Optical communication manufacturer Finisar Corp. has announced a 1 percent increase in revenue to $1.26 billion in 2016 over the previous year.

The company reported that sales of products for datacom applications decreased by $4.2 million, or 0.5 percent, compared to the preceding year primarily as the result of having only 52 weeks in the fiscal year compared to 53 weeks in fiscal 2015.

Sales of products for telecom applications increased by $16.4 million, or 5.2 percent, compared to the preceding year, and were primarily driven by growth in the demand for wavelength selective switches.

The GAAP gross margin of 28.1 percent was the same as the previous year.

Finisar Corp. manufactures optical communication components and subsystems.


GLOSSARY
optical communications
The transmission and reception of information by optical devices and sensors.
BusinessAmericasCaliforniaearningsFinisarfiber opticsCommunicationsoptical communicationsswitches

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.