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JDS Uniphase Reports Quarterly Sales Gains

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NEPEAN, Ontario, Canada, July 27 -- JDS Uniphase Corp.'s sales for the final three months of 2000 ended June 30 were $524 million, 33 percent higher than last quarter's net sales of $395 million, and 173 percent above pro forma combined sales of $192 million for the quarter ended June 30, 1999. Fourth quarter net income, excluding expenditures for the purchase of E-TEK Dynamics Inc. on June 30, was $114 million or $0.14 per diluted share. Sales for the year ended June 30, 2000 were $1.43 billion, 143 percent above pro forma sales for the same 1999 period. Pro forma...Read full article

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    Published: July 2000
    News & Features

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