JDSU reported quarterly revenue of $350.7 million and a net loss was $17.9 million, or $(0.08) per share. This compares to net revenue of $361.7 million and a net loss of $14.2 million or $(0.07) per share in the preceding quarter.
“In 2007, JDSU achieved 16% growth in revenue with contributions from all of our reported businesses. For the first time in more than five years, JDSU was non-GAAP EPS positive for all four quarters of the year. Further, free cash flow was more than $25 million for the fourth quarter,” said Kevin Kennedy, JDSU’s Chief Executive Officer.
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