Key Developments: Oclaro Inc (OCLR.O)

OCLR.O on Nasdaq

2.07USD
24 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Oclaro Inc gives Q4 2014 guidance below analysts' estimates
Tuesday, 6 May 2014 04:05pm EDT 

Oclaro Inc:Expects Q4 2014 revenues in the range of $90 million to $100 million.Expects Q4 2014 adjusted EBITDA in the range of negative $13 million to negative $9 million.Q4 2014 revenue of $104 million and EBITDA of $(8) million - Thomson Reuters I/B/E/S.  Full Article

Oclaro Inc issues Q3 2014 guidance in line with analysts' estimates
Tuesday, 4 Feb 2014 04:05pm EST 

Oclaro Inc:Sees Q3 2014 revenues in the range of $93 million to $103 million.Sees Q3 2014 adjusted EBITDA in the range of negative $13 million to negative $9 million.Q3 2014 revenues of $97 million - Thomson Reuters I/B/E/S.Q3 2014 EBITDA of ($13) million - Thomson Reuters I/B/E/S.  Full Article

Oclaro Inc Issues Q2 2014 Guidance; Revenue Guidance Below Analysts' Estimates
Thursday, 7 Nov 2013 04:06pm EST 

Oclaro Inc announced that for the second quarter of 2014, it expects revenues in the range of $92 million to $102 million and adjusted EBITDA in the range of negative $20 million to negative $15 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $112 million and EBITDA of $(17) million for the second quarter of 2014.  Full Article

II-VI Inc Announces Completion of Acquisition of Oclaro, Inc.'s Fiber Amplifier And Micro-Optics Business
Friday, 1 Nov 2013 08:53am EDT 

II-VI Inc announced that it has completed the previously-announced acquisition of the fiber amplifier and micro-optics business (the Business) of Oclaro, Inc. in a transaction valued at $88.6 million. At closing, II-VI paid $79.6 million in cash to Oclaro, $4 million of cash is subject to hold back until December 31, 2014, and the remaining $5 million was previously paid to Oclaro on September 12, 2013 as an option to purchase the Business. II-VI and Oclaro have entered into certain transition service and manufacturing service agreements to allow the Business to continue operations during the ownership transition.  Full Article

Oclaro Inc Announces Appointment Of Chief Financial Officer
Tuesday, 22 Oct 2013 11:15pm EDT 

Oclaro Inc announced that Pete Mangan, has been appointed as Chief Financial Officer (CFO), effective November 11, 2013. Mangan, currently Vice President, corporate finance for Oclaro, will succeed Jerry Turin, who previously announced plans to resign on November 8, 2013 to pursue other opportunities. Mangan will report directly to Greg Dougherty, Chief Executive Officer (CEO) .  Full Article

Oclaro Inc Announces Resignation Of Jerry Turin, CFO
Thursday, 10 Oct 2013 04:20pm EDT 

Oclaro Inc announced that its Chief Financial Officer (CFO), Jerry Turin, plans to resign from Oclaro on November 8, 2013, to pursue other opportunities. The Company expects to name Mr. Turin's successor on or before November 8, 2013.  Full Article

II-VI Incorporated Announces Signing of Agreement To Purchase Oclaro Inc's Fiber Amplifier And Micro Optics Business
Thursday, 10 Oct 2013 04:05pm EDT 

II-VI Incorporated announced that it has signed an asset purchase agreement to acquire the fiber amplifier and micro-optics business of Oclaro Inc in a transaction valued at $88.6 million. The effective date of the closing is dependent upon the receipt of certain regulatory clearances and is expected to close on or about November 1, 2013.  Full Article

Oclaro Inc Issues Q1 2014 Guidance In Line With Analysts' Estimates
Monday, 16 Sep 2013 04:05pm EDT 

Oclaro Inc announced that for the first quarter of 2014, it expects revenues in the range of $134 million to $138 million and adjusted EBITDA in the range of negative $24 million to negative $19 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $137 million and EBITDA of $(19) million for the first quarter of 2014.  Full Article

Oclaro Inc Issues Q4 2013 Guidance Below Analysts' Estimates
Tuesday, 7 May 2013 04:05pm EDT 

Oclaro Inc announced that for the fourth quarter of 2013, it expects revenues in the range of $132 million to $144 million and adjusted EBITDA in the range of negative $30 million to negative $17 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $157 million and EBITDA of $(13) million for fourth quarter of 2013.  Full Article

Oclaro Inc Issues Q3 2013 Guidance Below Analysts' Estimates
Thursday, 31 Jan 2013 04:10pm EST 

Oclaro Inc announced that for the third quarter of 2013, it expects revenues in the range of $140 million to $155 million and adjusted EBITDA in the range of negative $25 million to negative $13.5 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $156 million and EBITDA of $(9.2) million for third quarter of 2013.  Full Article

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