B. Riley Upgrades Oclaro (OCLR) to Buy

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Oclaro (OCLR) Tops Q1 EPS by 2c

November 3, 2015 5:22 PM EST

Oclaro (NASDAQ: OCLR) reported Q1 EPS of ($0.03), $0.02 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $87.5 million versus the consensus estimate of $86 million.

Oclaro sees Q2 2015 revenue of $88-94 million, versus the consensus of $90.6 million.

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