Oclaro posts third-quarter financial figures

Oclaro, a provider of optical components, has announced the financial results for its third quarter of fiscal 2010, which ended 3 April 2010, with GAAP revenues of $101.2m (£67m), compared to $93.6m in the second quarter of fiscal 2010.
 
GAAP net income was $0.2m, compared to a GAAP net loss of $2.5m in the second quarter of fiscal 2010, while non-GAAP net income was $3.5m, compared to non-GAAP net income of $2.1m in the second quarter of fiscal 2010.