JDSU Posts Revenue of $332 Million

JDSU reported quarterly revenue of $332.3 million and a net loss of $(11.9) million, or $(0.05) per share. This compares to net revenue of $342.9 million and a net loss of $(19.5) million or $(0.09) per share for the prior quarter, and net revenue of $279.1 million and a net loss of $(101.7) million or $(0.47) per share for the same period last year.


"We began the calendar year with the highest quarterly bookings JDSU has reported in the last two years, with each of our businesses achieving a book to bill of greater than one in the quarter," said Tom Waechter, JDSU's President and Chief Executive Officer. "The combination of the recovery in our markets, and our innovation and new product offerings are driving the strength of our customer demand."http://www.jdsu.com