Login

OCLARO, INC.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2019 10-Q, filed Nov 8, 2018. Its latest SEC filing is a SC 13G/A from Jan 4, 2019.

The sections below describe the company as of the FY2018 annual report.

What Did They Do?

Designs and sells optical components and modules for telecommunications and data communications equipment makers, data center operators, and network operators.

How Did They Make Money?

Oclaro earns most of its revenue from product sales; a sale counts when the product ships, ownership transfers, and customer acceptance is confirmed.

FY2018 revenue

Who Were Their Customers?

Customers are mainly telecommunications and data communications equipment makers, hyperscale data center operators, and data communications module makers. Oclaro sells through its direct sales force and uses representatives and resellers to reach smaller locations and customers.

Customers above 10% of revenue, FY2018
of revenue from four customers (17%, 13%, 13%, 11%)
FY2016: 54% from four customers

Did Revenues Turn Into Profits?

Yes. It kept 11 cents of every revenue dollar as net income in FY2018 and turned 12 cents into free cash flow.

Operating income, FY2018
12% of revenue
▼ −43% vs FY2017 ($119M, 20%)
Net income, FY2018
11% of revenue
▼ −51% vs FY2017 ($127.9M, 21%)
Free cash flow, FY2018
12% of revenue
▲ +165% vs FY2017 ($25.5M, 4%)

How Were They Changing?

Since the FY2018 annual report
Latest quarter: Q1 FY2019, the three months to Sep 29, 2018
Revenue
▼ −15%
vs $155.6M in Q1 FY2018
Net income
▼ −61%
vs $26.5M in Q1 FY2018
  • Dec 10, 2018 Lumentum completed its acquisition of Oclaro Oclaro became a wholly owned Lumentum subsidiary; shareholders received cash and Lumentum shares.

Grew. Revenue grew 39% in 4 years, from $390.9M in FY2014 to $543.2M in FY2018, about 9% a year.

Wireless products The wireless offering expanded from fronthaul and backhaul transceivers to higher transmission speeds and products for fifth-generation network trials and deployment.

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support