DALLAS, Sept. 6, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Oclaro Inc. (Nasdaq:OCLR). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/OCLR
Oclaro Inc. (OCLR) is a tier-one provider of optical communications and laser components, modules and subsystems for a broad range of diverse markets, including telecommunications, industrial, scientific, consumer electronics and medical. The Company is a global leader, dedicated to photonics innovation with cutting-edge research and development (R&D) and chip fabrication facilities in the U.S., the UK, Switzerland, Israel, Korea and Italy, and in-house and contract manufacturing sites in China and Thailand with design, sales and service organizations in each of the major regions around the world.
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In the report, the analyst notes:
"The Company last month announced the expansion of its board of directors with the appointment of industry veteran Marissa Peterson."
"OCLR reported revenues of $109.2 million for the fourth quarter of fiscal 2011 compared to $115.7 million in the third quarter of fiscal 2011. Revenues in the quarter ended July 2, 2011, included initial shipments of new products including 40G coherent transponders, tunable XFP transceivers, 40G lithium niobate external modulators and an integrated ROADM line card."
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