Wednesday, February 6, 2008

JDSU Blows Away Estimates....

JDS Uniphase Corp.'s (JDSU) fiscal second-quarter fell to $21.2 million, or 9 cents a share, from $23.2 million, or 10 cents a share, a year earlier. Excluding items, per-share earnings were 22 cents. The technology networking equipment maker's revenue rose to $399.2 million from $366.3 million a year earlier.

Analysts had predicted earnings of 12 cents a share and revenue of $386.4 million. Analyst estimates typically exclude items.

The stock is up 3.00 to $13.15 this morning....

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