Finisar Corp. (FNSR) reported fourth quarter EPS of $0.50 after the bell Thursday, which was in line with analysts expectations. First quarter EPS is expected to be between $0.37 and $0.43. The consensus estimate is for EPS of $0.51.
Finisar has gapped open sharply higher Friday morning and is now up 2.72 at $28.36. The stock has jumped to a 2 1/2 month high.
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