Finisar manufactures optical components and subsystems that enable high-speed voice, video and data communications for networking, storage, wireless and cable TV apps. The Company has created critical breakthroughs in optics technology and supplied system manufacturers with the production volumes needed to meet the exploding demand for network bandwidth. Finsar's optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in these networks, including the switches, routers, and servers used in wireline networks.

Employee Rating

3.1More
TypeSubsidiary
Parent CompanyII-VI
HQSunnyvale, US
Founded1988
Websitefinisar.com
Finisar was founded in 1988 and is headquartered in Sunnyvale, US

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Key People/Management at Finisar

Francis J. Kramer

Francis J. Kramer

Chairman, Board of Directors
Marc Y. E. Pelaez

Marc Y. E. Pelaez

Director
Ishrat Hakim

Ishrat Hakim

Chief Sales Officer
Vincent D. Mattera

Vincent D. Mattera

Chief Executive Officer, II-VI Incorporated
Gary A. Kapusta

Gary A. Kapusta

Chief Procurement Officer
Joseph J. Corasanti

Joseph J. Corasanti

Director
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Finisar Office Locations

Finisar has offices in Sunnyvale, Allen, Eugene, Caney and in 13 other locations
Sunnyvale, US (HQ)
1389 Moffett Park Dr
Allen, US
Allen, TX, USA
Eugene, US
Eugene, OR, USA
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Finisar Financials and Metrics

Summary Metrics

Founding Date

1988

Total Funding

$390 m

Investors

In total, Finisar had raised $390 m. Finisar is a subsidiary of II-VI

Finisar Revenue

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View revenue for all periods
Finisar's revenue was reported to be $1.28 b in FY, 2019
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.2b1.3b1.3b1.4b1.3b1.3b

Revenue growth, %

8%1%15%(9%)

Cost of goods sold

754.8m888.6m901.3m941.2m951.5m926.6m

Gross profit

402.1m362.4m361.9m508.1m365.0m353.9m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q2, 2015Q3, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

290.7m294.0m327.6m297.0m321.1m306.3m314.0m309.2m341.3m369.9m380.6m341.8m332.2m1.0b317.3m325.4m327.6m

Cost of goods sold

186.2m187.4m227.4m210.6m230.6m221.2m224.1m219.8m231.6m235.2m243.0m225.9m235.4m705.0m236.2m239.2m232.7m

Gross profit

104.6m106.7m100.3m86.4m90.5m85.1m89.9m89.4m109.7m134.7m137.6m115.9m96.8m301.4m81.2m86.2m94.9m

Gross profit Margin, %

36%36%31%29%28%28%29%29%32%36%36%34%29%30%26%26%29%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

303.1m197.4m299.2m260.2m312.3m814.2m

Accounts Receivable

233.5m

Inventories

259.8m283.7m273.3m331.4m348.5m299.0m

Current Assets

1.1b1.1b1.1b1.9b1.8b1.5b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q2, 2015Q3, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

316.5m374.9m287.5m187.0m258.3m198.3m233.0m268.3m280.4m283.0m240.6m278.8m274.5m259.0m326.2m332.1m906.9m

Inventories

231.2m247.1m270.1m284.8m264.7m277.9m282.1m262.6m272.6m292.4m312.3m356.8m369.1m382.2m325.8m309.5m306.9m

Current Assets

781.0m1.0b1.1b1.0b1.1b1.1b1.1b1.1b1.2b1.3b1.9b1.9b1.9b1.9b1.8b1.8b1.5b

Goodwill

91.0m91.0m106.7m106.7m106.7m106.7m106.7m106.7m106.7m106.7m106.7m106.7m106.7m106.7m106.7m106.7m106.7m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

111.5m11.9m35.2m249.3m(48.3m)(53.2m)

Depreciation and Amortization

2.5m2.9m2.7m2.8m105.4m100.4m

Inventories

(63.0m)(38.0m)(4.2m)(73.6m)839.0k33.5m

Accounts Payable

34.0m12.0m10.1m(1.0m)1.2m3.0m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q2, 2015Q3, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

30.0m27.1m14.2m(11.4m)6.6m1.7m3.4m12.1m23.9m48.8m46.4m19.9m25.7m(29.9m)(18.5m)(23.8m)(39.1m)

Depreciation and Amortization

761.0k737.0k668.0k737.0k668.0k668.0k668.0k668.0k713.0k24.5m50.8m73.7m26.3m51.4m75.9m

Inventories

270.1m284.8m264.7m277.9m282.1m262.6m272.6m292.4m312.3m(18.8m)(31.4m)(28.0m)11.3m21.6m27.8m

Accounts Payable

143.2m113.2m133.2m123.9m139.6m131.2m136.3m153.0m155.9m8.0m11.5m(13.3m)9.9m(2.8m)(4.9m)
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Finisar Operating Metrics

FY, 2015FY, 2016FY, 2017

Patents Issued

2.15 k2 k2 k

Patents Pending

430 405 405
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Finisar Revenue Breakdown

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Finisar revenue breakdown by business segment: 78.2% from Datacom and 21.8% from Telecom

Finisar revenue breakdown by geographic segment: 36.7% from United States, 20.5% from China, 9.3% from Malaysia and 33.5% from Rest of the World

Finisar Online and Social Media Presence

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Finisar News and Updates

II-VI Incorporated Expands Compound Semiconductors and Photonic Solutions Platforms with the Completion of the Finisar Acquisition

PITTSBURGH, Sept. 24, 2019 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq:IIVI), a global leader in engineered materials and optoelectronic devices, today successfully completed the acquisition of Finisar Corporation (Nasdaq:FNSR).  The acquisition of Finisar was first announced on November 9, 201…

Finisar Presents Industry-First Optical Communication Solutions Driving Next-Generation Data Centers and Carrier Networks at ECOC 2019

SUNNVALE, Calif. and DUBLIN, Ireland, Sept. 22, 2019 (GLOBE NEWSWIRE) -- Finisar (NASDAQ: FNSR), an industry leader in optical modules and components, today introduced several new product and technology solutions at ECOC, the largest optical communications exhibition in Europe. Finisar will demons…

II-VI Incorporated Obtains All Governmental Regulatory Approvals to Complete Acquisition of Finisar Corporation and Sets Expected Closing Date

PITTSBURGH and SUNNYVALE, Calif., Sept. 20, 2019 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq:IIVI) (“II-VI”), a global leader in engineered materials and optoelectronic components, and Finisar Corporation (Nasdaq: FNSR) (“Finisar”) today jointly announced that II-VI has obtained antitrust clear…

Finisar Optics Experts Present at ECOC Exhibition in Dublin, Ireland

Speakers Focus on Upcoming Developments in Optical Technology Speakers Focus on Upcoming Developments in Optical Technology

Finisar Announces First Quarter of Fiscal 2020 Financial Results

SUNNYVALE, Calif., Sept. 04, 2019 (GLOBE NEWSWIRE) -- Finisar Corporation (NASDAQ: FNSR), a global technology leader for subsystems and components for fiber optic communications, today announced financial results for its first quarter of fiscal 2020, ended July 28, 2019. Finisar will not hold an e…

Synaptics taps former Finisar CEO as new top boss

Synaptics Inc. snagged Michael Hurlston to be its new chief executive, after his resignation from Finisar Corp. Synaptics announced the hire Monday afternoon, after Finisar announced his departure earlier in the day amid Finisar's acquisition by II-VI Inc. Synaptics announced in May that its chief…
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Finisar Blogs

Video: Finisar Demonstrates 400GBASE-SR4.2 QSFP-DD Transceiver Module at ECOC 2019

The post Video: Finisar Demonstrates 400GBASE-SR4.2 QSFP-DD Transceiver Module at ECOC 2019 appeared first on Finisar.

Video: Finisar Demonstrates 100G PAM4 VCSEL Technology at ECOC 2019

The post Video: Finisar Demonstrates 100G PAM4 VCSEL Technology at ECOC 2019 appeared first on Finisar.

Video: [Mandarin] Finisar Demonstrates 5G Wireless Front-haul Ecosystem at ECOC 2019

The post Video: [Mandarin] Finisar Demonstrates 5G Wireless Front-haul Ecosystem at ECOC 2019 appeared first on Finisar.

Video: Finisar Demonstrates 5G Wireless Front-haul Ecosystem at ECOC 2019

The post Video: Finisar Demonstrates 5G Wireless Front-haul Ecosystem at ECOC 2019 appeared first on Finisar.

SWDM4: The Most Cost-Effective Solution for Upgrading Your Data Center

The post SWDM4: The Most Cost-Effective Solution for Upgrading Your Data Center appeared first on Finisar.

White Paper: 400G Optical Interface Standards

By Christian Urricariet, Finisar Corp. March 2019 The continuous increase in bandwidth demand is rapidly pushing cloud data centers and network operators to significantly increase their data traffic capacity. The deployment of 400G Ethernet which is expected to start in the 2019/2020 timeframe will …
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Finisar Frequently Asked Questions

  • When was Finisar founded?

    Finisar was founded in 1988.

  • Who are Finisar key executives?

    Finisar's key executives are Francis J. Kramer, Marc Y. E. Pelaez and Ishrat Hakim.

  • What is Finisar revenue?

    Latest Finisar annual revenue is $1.3 b.

  • Who are Finisar competitors?

    Competitors of Finisar include II-VI, Lumentum and Jenoptik.

  • Where is Finisar headquarters?

    Finisar headquarters is located at 1389 Moffett Park Dr, Sunnyvale.

  • Where are Finisar offices?

    Finisar has offices in Sunnyvale, Allen, Eugene, Caney and in 13 other locations.

  • How many offices does Finisar have?

    Finisar has 17 offices.