Oclaro Q4 revenues level YoY

Oclaro, Inc. (Nasdaq: OCLR) said that revenues were USD82.2 million for the fourth quarter of fiscal 2015, compared with revenues of USD83.0 million in the third quarter of fiscal 2015.

GAAP gross margin was 19.3 percent for the fourth quarter of fiscal 2015, compared with a GAAP gross margin of 15.3 percent in the third quarter of fiscal 2015.
Non-GAAP gross margin was 19.9 percent for the fourth quarter of fiscal 2015, compared with a non-GAAP gross margin of 15.8 percent in the third quarter of fiscal 2015.

GAAP operating loss was USD8.4 million for the fourth quarter of fiscal 2015. This compares with a GAAP operating loss of USD13.4 million for the third quarter of fiscal 2015.

Non-GAAP operating loss was USD5.4 million for the fourth quarter of fiscal 2015, compared with a non-GAAP operating loss of USD9.5 million in the third quarter of fiscal 2015.

Revenues were USD341.3 million for fiscal 2015, compared with USD390.9 million in fiscal 2014.

GAAP gross margin was 16.6 percent for fiscal 2015, compared with 13.4 percent in fiscal 2014.

Non-GAAP gross margin was 17.2 percent for fiscal 2015, compared with 14.0 percent in fiscal 2014.

Oclaro is a leader in optical components, modules and subsystems for the core optical, enterprise and data center markets.