JDS Uniphase ‘Building Momentum’ As Q2 Earnings Beat

By | January 31, 2014

Scalper1 News

JDS Uniphase (JDSU) late Thursday reported fiscal Q2 results above views and cited growing demand for fiber-optic parts and testing in China for 4G LTE wireless networks, sending its shares rising. JDS Uniphase stock was up 7% in midday trading in the stock market today, near 13.50, a three-month high. The stock plunged more than 11% three months ago, when the company’s outlook lagged Wall Street expectations. For the quarter ended Dec. 28, JDSU Scalper1 News

Scalper1 News