Finisar Gets Shaken Up
Shares of Finisar (Nasdaq:FNSR) tumbled 24.83% after lower than expected earnings. The company, which just recently became profitable had surprised analysts with earnings of $.03 per share compared with expected earnings of $0.00 per share in the quarter ending Jan 1, 2006. The most recent quarter lost some momentum with earnings coming in at $.01 per share.