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GuruFocus has detected 2 Warning Signs with Finisar Corp $FNSR.
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Finisar Corp (NAS:FNSR)
Non-Recurring Items
$3 Mil (TTM As of Oct. 2016)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Finisar Corp's non-recurring items for the three months ended in Oct. 2016 was $1 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Oct. 2016 was $3 Mil.

As of today, Finisar Corp's share price is $28.82. Finisar Corp's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Oct. 2016 was $0.88. Therefore, Finisar Corp's P/E (NRI) ratio for today is 32.75.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Finisar Corp Non-Recurring Items for the trailing twelve months (TTM) ended in Oct. 2016 was 1.968 (Jan. 2016 ) + -0.081 (Apr. 2016 ) + -0.059 (Jul. 2016 ) + 0.795 (Oct. 2016 ) = $3 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Finisar Corp's P/E (NRI) Ratio for today is calculated as

Finisar Corp's Share Price of today is $28.82.
Finisar Corp's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Oct. 2016 was 0.11 (Jan. 2016 ) + 0.12 (Apr. 2016 ) + 0.22 (Jul. 2016 ) + 0.43 (Oct. 2016 ) = $0.88.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Finisar Corp Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
Non Operating Income -32-0-1-27-133-0743

Finisar Corp Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
Non Operating Income -2024102-0-01
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