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Finisar (Finisar) Net Income : $-43 Mil (TTM As of Jul. 2019)


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What is Finisar Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Finisar's Net Income for the three months ended in Jul. 2019 was $-9 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jul. 2019 was $-43 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Finisar's Earnings per Share (Diluted) for the three months ended in Jul. 2019 was $-0.07.


Finisar Net Income Historical Data

The historical data trend for Finisar's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Finisar Net Income Chart

Finisar Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.89 35.19 249.35 -48.29 -53.22

Finisar Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.49 -5.28 -15.30 -14.15 -8.72

Finisar Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Finisar's Net Income for the fiscal year that ended in Apr. 2019 is calculated as

Net Income(A: Apr. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-43.549+-9.667+0+0
=-53

Finisar's Net Income for the quarter that ended in Jul. 2019 is calculated as

Net Income(Q: Jul. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-13.664+4.947+0+-1.7763568394003E-15
=-9

Net Income for the trailing twelve months (TTM) ended in Jul. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-43 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Finisar  (NAS:FNSR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Finisar's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jul. 2019 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Finisar Net Income Related Terms

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Finisar (Finisar) Business Description

Traded in Other Exchanges
N/A
Address
1389 Moffett Park Drive, Sunnyvale, CA, USA, 94089
Founded in 1987, Finisar is a California-based large provider of fiber optical modules and components that are used in data communications and telecommunications. Its products include transceivers and wavelength switches for data center interconnects, and intracity/metro and long-haul communications. Finisar sells to manufacturers of storage systems and network equipment and their OEMs, which in turn sell to telecom service providers and cloud vendors.
Executives
Michael L Dreyer director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Michael C Child director 125 HIGH ST STE 2500, BOSTON MA 02110
Thomas E Pardun director C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DR, SUITE 100, IRVINE CA 92612
Helene Simonet director
Jerry S Rawls director 1308 MOFFETT PARK DRIVE, SUNNYVALE CA 94089-1133
Robert Stephens director 3102 MONTANA DEL SOL, SAN CLEMENTE CA 92673
Kurt Adzema officer: EVP & Chief Financial Officer 1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Michael E. Hurlston director, officer: CEO 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Eitan Gertel director, officer: CEO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Dominique Trempont director 5 RANDALL PLACE, MENLO PARK CA 94025
Christopher J Crespi director C/O SIRENZA MICRODEVICES, INC., 303 SOUTH TECHNOLOGY COURT, BROOMFIELD CO 80021
Morgan M Jones director C/O BATTERY VENTURES, 20 WILLIAM ST STE 200, WELLESLEY MA 02481
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Harold Hughes director C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089

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